Representing clients vs. insolvent companies
We advise creditors whose business partners face crisis or bankruptcy. In such situations, it is vital to reconcile legal risks and entrepreneurial action. Contracts should be as clear and as insolvency-safe as possible. In the event of a crisis, we act quickly to minimize entrepreneurial risks. We support our clients in enforcing their rights, both outside and inside the insolvency of their contractual partners.
Law pertaining to insolvency challenges is at the core of our expertise. In recent years, legislation has widened the contestations of transactions under insolvency law. We advise our clients on taking preventive action to counteract such risks. Should a transaction nonetheless be contested under insolvency law, we defend our clients in optimal ways against the insolvency administrator, whether in court or out of court.
“Crisis is a productive state, as long as you lose its aftertaste of catastrophe.”
This quotation by Swiss novelist Max Frisch applies to companies in crisis. We support such clients in strategic realignment, show modes of improvement, and evaluate action options. We also support our clients in restructuring during insolvency proceedings.
As we design restructuring concepts, we exploit SKW’s expertise across legal fields. Our clients benefit from that. Most restructuring issues can only be solved by cooperating with tax, labor, finance, and capital market lawyers.