KSP lawyers provide advice on restructuring, bankruptcy and liquidation proceedings, both in view of the business law and tax optimization. We provide comprehensive services from the moment of identifying a problem through consulting and negotiation with debtors and creditors; we prepare and submit petitions for bankruptcy on behalf of our clients, as well as requests to secure claims on behalf of Clients.
Additionally, we represent parties before official receivers, bankruptcy trustees, boards of creditors, insolvency administrators. We provide advice in the following areas:
conclusion and approval of composition in bankruptcy proceedings;
preparation of debt-restructuring proposals, in particular: deferment of performance of obligations, spreading debts into installments, reduction of the sum total of debts;
conversion of debts into shares or stocks, change or cancellation of a right which secures a debt;
agreeing favorable conditions of restructuring;
liquidation of the bankrupt’s assets;
stock taking and assessment of the bankrupt’s estate, as well as liquidation scheme;
conducting reorganization proceedings in case of potential insolvency, in particular providing opinion on the reorganization plan;
preparation and negotiation of increditor agreements;
issues of regulating public trading in securities in the context of restructuring.