Bankruptcy, Insolvency And Debt Restructuring
LGM Law Firm has always been on the side of its clients also during company crisis situations that require prompt solutions, sometimes severe, in order to allow the turnaround and to save the profitable part of the business, whenever possible.
The Firm has gained significant experience in insolvency matters, in particular within the framework of restructuring agreements and consolidation plans, insolvency and bankruptcy proceedings in general and in relation to agreements and composition with creditors and transfer of assets to creditors and/or third parties in these proceedings. Our attorneys assist clients in connection with all insolvency aspects of banking, financial and commercial transactions.
The Law Firm assists indeed companies and industrial groups in all kinds of bankruptcy and insolvency proceedings and in debt restructurings, even representing liquidators and trustees in judicial proceedings for the recovery of corporate assets improperly diverted, as well as in litigations concerning corporate liability.
The Law Firm provides specifically the following services in the Bankruptcy, Insolvency And Debt Restructuring’s area:
- Creditors’/debtors’ rights – The rights and obligations of creditors and debtors, the drafting of legal opinions in this area and reducing the risk of default in transactions that our clients wish to make are the areas in which our professionals have gained considerable experience.
- Settlement agreements and restructuring plans – The Law Firm applies its whole expertise and ability to find solutions and reach settlement agreements with creditors. Our attorneys have extensive experience in negotiating and drafting of cooperation agreements with consultants, in the execution of standstill agreements and rapid credit recovery activities through effective dispute resolution. Our attorneys are also specialized in the sale of assets, mergers and acquisitions.
- Insolvency/bankruptcy proceedings – The Firm assists commissioners, liquidators and trustees in bankruptcy in the negotiation and drafting of agreements with creditors, with the goal of maximizing the profits of our clients with specific strategies for debt recovery, fight against fraud, protection against suspicious trusts and currency transfers, as well as prosecuting corporate liability. The Firm assists also the Italian Courts themselves in the claims against the decision stating the bankruptcy.
- Tax aspects – Along with tax professionals, our attorneys have significant experience in legal opinions and developing bankruptcy strategies for companies and third parties involved with insolvent companies.
- Assistance with the evaluation and/or presentation of application for composition with creditors and bankruptcy agreements: The Firm assists companies in the negotioation and drafting of recovery plan, both for the execution of the extraordinary operations entailed by it or for the conduct of solutions regarding insolvency, with particular attention to negotiation with creditors, above all banks, but also suppliers, human resources, etc.