Please use portrait mode!

services

Insolvency Procedures

Insolvency Procedures

Insolvency procedures regulate relationships between the insolvent party – debtor and its creditors.

Insolvency procedures regulate the relationship between the insolvent entity and its creditors.

Insolvency procedures are legal procedures, which any commercial entity is subject to. They regulate the relationship between the insolvent entity and its creditors.

The purpose is to evaluate whether conditions exist that would allow the company to continue operations (thus avoiding bankruptcy) and satisfy its creditors.

Insolvency procedures result in either the company continuing operations or the winding up of the same company and the subsequent liquidation of its assets.

This service is managed by