In the event of insolvency, the managing director of the enterprise is obliged to initiate bankruptcy proceedings. However, at the operator’s disposal, there are alternative means of resolving such an issue; for example, reorganization of the enterprise or debt restructuring. Thus, at the stage when the eneterprise’s financial difficulties arise, it is important to make a correct choice with respect to the most rational way of addressing the issue.
From the perspective of a natural person, the importance lies in discharge procedures and restructuring of obligations. In matters of bankruptcy, we counsel debtors and creditors, enterprises and natural persons.
Liability of debtor
Liability of management body
Initiation of bankruptcy proceedings
Representation in bankruptcy proceedings