
Bankruptcy and insolvency - BalticLaw
Enterprises that intend ceasing their business activities, or which suffer from financial problems but continue their economic/commercial activities and seek the means for its turn-around must deal with issues of either bankruptcy or re-structuring. Both actions are governed by strict legal procedures necessitating legal consultations
Balticlaw team provides legal services in the field of individual and legal persons' insolvency and debt recovery. Representing both insolvent companies (conducting legal audits of contracts, filing claims for nullity of contracts, indemnification, etc.) and creditors, rights of small creditors in order to satisfy their claims:
- Representation of insolvency administrators
- Legal audit of companies
- Lawsuits for contracts nullity, compensation, etc. preparation and representation in courts
- Representation of big and small creditors interests
- Assessment of debtors' solvency
- Debt recovery