The Bankruptcy Area counts on multidisciplinary teams that can give advice to all parties involved in these types of processes and to lead both corporate insolvency processes and those of individual companies. Our advisory services cover all stages of insolvency processes thoroughly (Creditors’ Agreement or Out-of-Court Agreements), from the design of the strategy to the proposal of potential solutions, either conventional ones or liquidation including incidences and qualification. We have successfully worked on engagements involving the design and drafting of Creditors’ Agreements, Payment Schemes, Viability Plans, and on obtaining the necessary majorities for them to be approved, while presenting innovative solutions with remarkable reductions and extensions that allowed our clients to exit insolvency already restructured.
Vaciero does not only help companies to face their insolvency processes, but also those businessmen who have used their personal assets as guarantees or collaterals to take out mortgages to back up their business projects. Therefore, Vaciero accompanies them to design and negotiate their Out-Of-Court Payment Agreements in consecutive insolvency proceedings until obtaining the benefit of liability exemption.
Our professionals are certified Mediators as we do believe that Mediation is a legal and potential alternative within Insolvency proceedings to be considered as a functional tool to solve disputes and speed up processes.
Our deep know-how comes from our experience both as attorneys of the company in bankruptcy (voluntary or involuntary bankruptcy) and as attorneys of creditors. Besides, we have also been appointed as Insolvency Administrators.