Bankruptcy and Insolvency

Our lawyers have been involved in bankruptcy and insolvency matters acting for creditors and insolvent companies. We have assisted in relation to recovery of money and assets as well as defending claims. We have assisted liquidators in respect of the disposal of assets as well as considering work-outs.

    • Involved in advising major bank on security of assets and assisting debtor in repayment procedures.
    • Involved in more than 40 insolvency cases, acting on behalf of the creditors providing assistance on the debt recovery.
    • Considering assets and possible solutions in respect of debtor’s businesses and reviewing contracts to ensure maximum recovery.
    • Working and assessing the creditors’ possibilities to recover the amounts due.
    • Legal assistance to foreign investor on insolvency procedure in relation to Romanian advertising company.
    • Attending and representing both Creditors and debtors in insolvency court proceedings.
    • Representing creditors in the Creditors meeting/ Creditor committee to protect their interest.
    • Assessing the feasibility of the reorganization plan and monitoring their implementation.
    • Identifying potential liabilities of directors and shareholders of the debtor.
    • Advising multiple international Insurance companies in relation to insolvency of the largest Romanian insurance company.
    • Legal assistance to foreign investor in relation to liquidation of Romanian property company.

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