RESULTS-ORIENTED
Bankruptcy and liquidation
This procedure is essential to ensure an orderly closure of the business, in strict compliance with the applicable legal regulations (in the area of bankruptcy, respectively Law 85/2014 on insolvency, respectively Law 31/1990 on companies, for liquidation procedures) and to maximize the value of assets, so that the funds obtained are distributed fairly among creditors.
We are committed to providing a complete and well-managed solution for companies unable to recover, protecting the interests of all parties involved.
PROFESSIONAL AND TRANSPARENT
Orderly and transparent process
We ensure that all stages of the procedure are carried out with maximum transparency and legal compliance, ensuring that the rights of all parties involved are respected.
Optimal asset valorisation
- Our expertise in valuation and negotiation ensures that assets are valued at the best possible price, maximizing financial recovery.
Protecting the interests of creditors
- By respecting the distribution order imposed by law, we ensure a fair settlement of claims, reducing the risk of subsequent litigation.
Services
Liquidation decision
- We analyze together whether restructuring or reorganization procedures are an alternative.
If recovery solutions are not viable, a decision is made for judicial liquidation.
Asset valuation and valorisation
- A detailed inventory of all company assets is taken – from real estate and equipment, to inventories and other tangible or intangible assets.
- Expert appraisers determine the market value of assets, respectively the forced sale value, in order to design the most appropriate capitalization strategy.
- Depending on the strategy proposed and approved by the creditors and which may be public auction, direct negotiation or a combination thereof, depending on the specifics of the assets, we try to ensure the favorable legal and administrative framework for a maximized recovery of the value of the assets.
Distribution of funds obtained
- After the assets are realized, the funds obtained are distributed to cover the claims recorded in the creditors' table, in accordance with the legal priority order.
- After approval of the report and completion of all legal formalities, the bankruptcy/liquidation procedure is approved by the court, and the company is removed from the Trade Register.
Closing the procedure and reporting
- A detailed report is prepared that documents all stages of the bankruptcy procedure or the estate liquidation process – from the inventory and valuation of assets to the distribution of funds and the coverage of claims.
- After approval of the report and completion of all legal formalities, the bankruptcy/liquidation procedure is approved by the court, and the company is removed from the Trade Register.
