Debt Recovery & Insolvency Procedures

In keeping with our belief that people should be at the heart of any business, we assist companies that choose to go through the complexities of restructuring or closing the company. We help them navigate the complex legal procedures that need to be followed, while helping to ensure that the different populations of the company are listened to and reassured.

Supporting small businesses in difficulty

Solutions to cash flow problems
Assistance in applying for financial aid
Implementation of partial unemployment (in cases of force majeure or bad weather)
Negotiation and drafting of agreements relating to the suspension of the payability of debts
Change of the board of directors / management board

Non-judicial reorganisation procedures

Dissolution and voluntary liquidation
Pre-bankruptcy advice to employees / suppliers
Remedies during the suspect period
Out-of-court settlements

Insolvency proceedings

Admissions of bankruptcy
Filing of claims (employees, service providers)
Claiming of equipment / resale of equipment
Liability of shareholders/managers
Criminal complaints

Court orders

Trustee / liquidator of companies
Trustee and guardian of adults
Trustee of vacant estates

Link to bankruptcies, as provided by the commercial sections of the district courts: https://www.barreau.lu/faillites

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