“responsive and connected’ team”
Insolvency of a company is a complex situation that requires, beyond legal knowledge and experience, sensitivity, efficiency and paying attention, while striving for an optimal arrangement. AYR lawyers have a vast experience and knowledge in providing legal advice to all groups related to the situation of insolvency of a company, including creditors, shareholders, bondholders, officers, and employees, and they have proven - not once - a remarkable ability to respond to a crisis quickly and efficiently.
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Our firm has accumulated a rich experience in all aspects of distressed companies, receivership, stay-of-proceedings and dissolution. Partners at our firm have been appointed as liquidators, receivers, trustees and special managers of companies and properties, in complex cases of insolvency, and they execute - not once - while dealing with complicated crises and pressures, processes of recovery, as well as proceeding investigations, debt claims and compositions with creditors.
In dealing with insolvency and reorganization, the department works in cooperation with other relevant departments of the firm, including commercial litigation department, finance department, department of Labour Law and Tax department.
- Management of procedures as liquidators, receivers, trustees and special managers.
- Representing creditors (suppliers, employees, customers) and bondholders in the process of liquidation.