Our advice
At an early stage of distress, we assess restructuring and financing options, directors’ duties, payment flows and existing security. Depending on the circumstances, an out-of-court arrangement, preventive restructuring proceedings or formal insolvency proceedings may be appropriate. We structure negotiations with lenders, suppliers and other creditors and advise on legal implementation.
In insolvency proceedings, we represent debtors, creditors, shareholders and contractual counterparties. Our work includes filing and reviewing claims, rights to segregation and separate satisfaction from collateral, set-off, contractual issues, restructuring and payment plans, and the sale or transfer of businesses and assets.
Potential liability and avoidance claims require particular care. We advise corporate bodies and other parties on their duties in a crisis and act in the assertion or defence of claims. MMag. Dr. Reinhold Zeinhofer regularly acts as an insolvency administrator; this practical experience informs the firm’s advisory and contentious work.
Our approach
In a crisis, timing, reliable information and clear responsibilities are critical. We prioritise the steps that require immediate attention, establish a sound basis for decisions and develop a strategy that aligns legal duties with the realistic commercial options.
