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Crisis or business in difficulties

Business undergo crisis and difficulties during their lifetime. Our objective is to design and execute the best strategy ever in order to prevent or face and solve unavoidable problems, whenever possible, using an appropriate combination of different services and disciplines.

CASE STUDY

INDUSTRIAL Asset sales in liquidation We advised liquidation processes when it was impossible to comply with the agreement.

Audiovisual Insolvency with an agreement We advised during the insolvency process and the approval of the agreement by 75.99% of favourable votes, while negotiating with the Public Administration and banking pool.

CONSTRUCTION Insolvency with an agreement and investor’s acquisition We advised during the insolvency process, and helped the new investor to acquire a majority by approving the agreement with reduction of 85% and 90% of the ordinary liabilities.

Metal Insolvency with a common solution We advised during the insolvency process and the approval of the agreement by 68.50% of votes in favour, with reductions between 85 and 99% of the ordinary liabilities.

ELECTRONIC Insolvency with an agreement and a new investor We advised during the insolvency process and the approval of the agreement which included great reductions and extensions. We advised new investors.

Industrial Out-of-court payment agreement We advised during the out-of-court payment agreement with 65.85% of votes in favour, which meant the approval and exiting the insolvency.

ELECTRIC Out-of-court payment agreement We advised during the out-of-court payment agreement, which meant the approval and exiting the insolvency.

ENGINEERING Three connected insolvency proceedings with a common solution. One insolvency proceeding was filed per group company and the management was consolidated and connected.

“We are characterized by our great technical quality, our full involvement in our engagements and a close relationship with our clients.”

It is in those delicate situations where such involvement is clearly seen. An insolvency process is a technically complex process that causes a serious business deterioration, where the businessman can see its liability and personal property compromised, both from the commercial and even criminal point of view. It is in moments like this when it is critical to count on a comprehensive strategy to approach such process, while defining the objectives. This implies addressing it from the insolvency area of expertise and also from the financial, tax, labour and criminal areas.

On some other occasions, companies do not need to file for insolvency, but require some cash or business restructuring. In these cases, the financial and legal teams work together to define, draft, negotiate and execute a viability plan for the Company.

There are other scenarios, such as inspections or accidents, which may jeopardize the company. Our team analyses and designs the best strategy and defence to go on in each case.