Bankruptcy of legal entities

Bankruptcy proceedings are most often  considered as a way to liquidate a legal entity that has debts.

In fact, bankruptcy is one of the  insolvency proceedings that are a powerful mechanism for resolving many issues. With the help of bankruptcy cases of a legal entity, it is possible to solve the usual tasks:

• termination of the debtor's business activities;
• restoration of the debtor's solvency and continuation of economic activity;
• write-off of penalties (fines, penalties);

and achieve the goal of solving specific problems:

• return of property;
• appeal agreements;
• protection of property  against illegal encroachments;
• protection against "raider" attacks;
• resolution of corporate disputes;
• obtaining control over the debtor's enterprise;
• mergers and acquisitions;
• holding the management and owners of the debtor personally liable.

In cases of insolvency of a legal entity, procedures are applied:

• dispos ition of the debtor's property;
• debtor's rehabilitation;
• declaring him bankrupt and initiating liquidation proceedings.

Achieving success in insolvency (bankruptcy) cases of a legal entity depends on experience; thorough and detailed preparation; and careful support.

Insolvency (bankruptcy) cases are our core legal practice.

The possibilities and consequences in bankruptcy cases of legal entities differ depending on your status in the case: creditor or debtor.