Insolvency & Recapitalisation
Our expertise lies in insolvency law, where the main focus is insolvency administration and insolvency consultation. In the field of insolvency consultation, we distinguish between consultation in the early phase of insolvency with the aim of avoiding bankruptcy if possible, and consultation during insolvency proceedings, in which we are not active as insolvency administrators.
Our main services are:
There are seven solicitors who are currently working as bankruptcy administrators, insolvency administrators, trustees or liquidators. At present, we are overseeing over 1500 proceedings in 13 district courts.
We provide consultation for managing directors, shareholders or partners whose businesses are facing a financial crisis prior to insolvency proceedings. Our aim is to rescue the company and avoid bankruptcy. In certain circumstances we take over directors' duties.
An insolvency plan and self-administraiton can, if prepared competently and early enough, offer companies a further recapitalisation option so that insolvency proceedings do not lead to a total loss of the company. We have assisted In many Insolvency plan proceedings of various dimensions with great success.
We convey the particulars of Germany Insolvency Law to involved foreign parties and help them to assert their interests in Germany. In addition, we help involved parties assert their interests in German insolvency proceedings with an international aspect or in foreign insolvency proceedings with a German aspect
(keyword: particular insolvency proceedings).
We advise creditors their coordination with the insolvency administrator. In addition to protecting their legal interests, realisation of credit securities as well as undertaking the proof of debts, we also represent creditors at board of creditors meetings.
Insolvency employment law is an essential element in creating a recapitalisation perspective. to manage the reconstruction of a company. We advise investors, companies as well as employee representatives on questions of recapitalisation law and insolvency law. In particular, we develop and accompany recapitalisation and acquisition concepts as well as other solutions in connection with transfer of businesses.
In selected cases we also represent managing directors, partners and shareholders, and creditors in questions involving insolvency penal law.
A contractual partner's non-payment or slow progress in paying receivables
is an especially annoying occurrence in everday business life. We structurise your internal procedures, develop simple interfaces and, in this area, take over the complete accounts receivable management from the first reminder to the effective legal enforcement of the law and execution. We optimise your accounts receivable management (in coordination with your bank, if necessary) by creating customised reporting. We understand accounts receivable management as a significant means of crisis prevention for your company. We help you to activate assets that are tied up in payment requests for other company activities.