YOUR CHALLENGES
Economic crises or insolvencies are not an everyday part of business life and therefore require competent and rapid support from experienced specialists. Before the crisis becomes a serious threat to your company and the options for action are further reduced, SNP offers you comprehensive advice in the difficult situation of a crisis or insolvency law with our experts in the area of reorganisation, restructuring and insolvency.
OUR SOLUTIONS
Our specialists for reorganisation, restructuring and insolvency have many years of special experience in the field of insolvency law. Thanks to their interdisciplinary approach with lawyers from related specialist areas, our teams also cover interfaces with corporate law, real estate law, banking law, labour law and procedural law.
We have been providing comprehensive and cross-sector insolvency law advice and litigation services to our medium-sized clients for many years. Our high level of legal expertise and our pragmatic, commercial understanding enable us to recommend competent and concrete actions that lead to a solution to the problem. Each individual solution proposal is based on the central principle of achieving the most economically sensible result – as pragmatically and quickly as possible.
OUR SERVICES
Drafting contracts preventively and in the event of a crisis for your business partners
Drafting loan collateral such as reservations of title, assignments, liens, transfers of ownership by way of security, guarantees, letters of comfort and tenant easements, among other things
Involvement in companies in crisis
Including acquisition of the company, participation through purchase of receivables (non-performing loans) or conversion of receivables into shares (debt-equity swap)
Defence against claims of the insolvency administrator
Including defence against possible actions for rescission as well as claims arising from liability and compensation claims by the insolvency administrator, creditors or third parties, e.g. in the context of shareholder loans granted
From the filing of claims to the insolvency plan
Including representation as a creditor of an insolvent company, assertion of claims and security rights, correspondence with insolvency administrators or self-administrators, enforcement of claims for the return of property
Labour law measures
Including advice on contract amendments, preparation of dismissals and negotiations with the works council on reconciliation of interests and representation in dismissal protection proceedings, reorganisation of working conditions or negotiation of severance payments
Real estate in crisis situations
Including advice on construction projects in crisis or the insolvency of construction parties, the acquisition of real estate from insolvency or negotiations with lending banks
Reorganisation during the crisis
Including advice on restructuring through to specific reorganisation measures
Insolvency proceedings
If the company is ready for insolvency, we advise companies and the members of their management and supervisory bodies on all necessary steps and on avoiding civil and criminal liability risks.
Corporate insolvency
If insolvency can no longer be averted, we will advise you on the determination of the obligation to file for insolvency, file the necessary insolvency petition for you and accompany you from the initial discussions with the insolvency administrator through the entire proceedings to their conclusion.
Discharge of residual debt
In the personal insolvency of entrepreneurs or freelancers, we have many years of experience in the confidential and discreet preparation and implementation of out-of-court settlements or insolvency proceedings with residual debt discharge.
CONTACT PERSONS
Your team of advisors in Reorganisation, restructuring, insolvency
Partners
further advisors