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Restructuring and Bankruptcy
Necessary steps and legal assessment during the insolvency process of the company.

 Assessment in situations of crisis:

•       -Business re-structuring and re-organisation.
•       -Analysis and elaboration of feasibility proposals with credit entities and suppliers.
•       -Legal assistance in bank re-financing processes.
•       -Steps and obtaining the deferment of Inland Revenue debts and with social security
         payments.
•       -Assessment and prevention in material regarding the responsibility of administrators.
•       -Legal defence in actions concerning the requirement of liability of administrators and
         partners.
  
  

 Legal representation in bankruptcy proceedings

•       -Preparation, procedures and legal management.
•       -Legal representation due to intervention of the bankruptcy administrators.
•       -Negotiation of specific agreements for the payment of Inland Revenue debt and social
         security for companies in bankruptcy.
•       -Defence against actions for re-hiring.
•       -Legal assistance in bankruptcy matters.
•       -Negotiation of agreements with creditors.
•       -Advice during the liquidation phase of the company.
  
  

  Legal advice to creditors

•       -Preventative assessment in the contracting and obtaining of guarantees with companies
         facing financial difficulties.
•       -Legal defense for actions regarding personal debts and in bankruptcy proceedings.
•       -Processing of involuntary bankruptcy proceedings.
•       -Delay of operations prejudicial to creditors.
  
  

 Labour relations in the business in times of crisis

•       -Adaptation of the labor relationships to the business situation.
•       -Negotiation with the union. Feasibility plans.
•       -Assessment of Collective Dismissal Programmes (ERE’s), termination and suspension of
         contracts.
•       -Individual dismissals, substantial modification of work conditions and termination of
         executive contracts.
•       -Study and implantation of alternative employment measures.
  
  

 Bankruptcy administration

•       -Advice and negotiation with the bankruptcy administrators.
•       -Acting as bankruptcy administrator.