Liquidation and bankruptcy

Bankruptcy proceedings are insolvency proceedings, which are collective and egalitarian and are applied to the debtor in order to wind up their assets to cover their liabilities, followed by the debtor’s removal from the register in which they are registered.

The experience acquired during the winding up proceedings demonstrated the need not only for a thorough knowledge of the specialized legislative framework, which often fails to provide clear instruments, but also for a planned approach of the process in the field, which should insure a development as swift as possible, risk-free, with an efficient recovery (sale) of assets. We also offer the possibility of a controlled exit, which allows (for example) for the closure of outstanding orders, resolution of environmental issues, and gradual recovery (sale) of assets, which can ensure an efficient risk management and maximize the recoverable worth. These measures allow for capitalization in order to make other investments or to redistribute resources, to maintain one’s reputation and to avoid the negative publicity, as well as to optimize costs.