Our professional work is to advise and defend the interests of our customers, whether in preventing problem and the amicable settlement or judicial approach in any of the jurisdictions”
BANKRUPTCY AND INSOLVENCY LAW
In a company, the symptoms of bankruptcy situation are, in theory, easy to identify by the employer; but sometimes consider the actual business situation requires an analytical effort that goes beyond the economic magnitudes and a lot of personal and subjective factors are involved, so to solve the problem, diagnose it, it is not always easy.
We are specialized in dealing with the economic problems of the company; pre insolvency status will define the destiny of the company, the employer, its employees, its shareholders, its customers and suppliers. The arrangement with creditors may be the last of the solutions, or the first one; each individual case will need appropriate treatment, for either, suspending business with minimal losses for all concerned, or to overcome the situation and continue the development serving us of the arrangement with creditors to reorganize the company.
Our firm has handled a lot of bankruptcy proceedings: with the old and repealed laws and now with the new law and its adjustments. In this area may be practiced, among others, the following actions:
BEFORE THE BANKRUPTCY PROCESS:
- Company Restructuring
- Contract review and analysis of its consequences in an arrangement with creditors.
- Study of accounting from a bankruptcy view, in order to meet legal requirements.
- Negotiation and processing of collective dismissal.
- Negotiation with banks and creditors. Debt refinancing.
- Check the responsibility of the directors in order to mitigate the legal liabilities.
DURING THE PROCESS:
- Processing the notification provided in Article 5.3. of the Bankruptcy Law, in order to achieve a proposal for agreement or to refinance debt safely and avoid the declaration of insolvency.
- Submission of the application the arrangement with creditors.
- Intervention and defense of the administrator.
- Follow the judicial proceedings.
- Advice on the acquisition of insolvent companies.
- Planning and defense agreement with creditors.
- Tracking of the agreement and, if appropriate, the liquidation.
Our firm exercises, also, the activity of bankruptcy administration, generating a technical, theoretical and practical experience from other points of view.
Mr. Nomdedeu is an experienced bankruptcy and insolvency lawyer in Cataluña, he takes courses and attends conferences to ensure he is well informed in current laws and pratices.
