Restructuring and insolvency

In the area of insolvency law, we provide legal services to both creditors and debtors.

For creditors, we arrange the preparation and filing of insolvency petitions and the registration of claims, including secured claims. In addition, we represent creditors in creditor bodies and in executing pledges in insolvency proceedings. We also have experience with assessing the countervailability of a debtor’s conduct and returning assets to the estate.

We provide debtors with legal advice in defending themselves against harassing insolvency petitions. We provide services to debtors in bankruptcy or imminent bankruptcy consisting of preparation of a debtor’s insolvency petition, a petition for authorising a moratorium, a petition for authorising reorganisation, and preparation of a reorganisation plan. We also have practical experience with preparing pre-packaged reorganisation. In addition, we provide debtors with comprehensive advice in insolvency proceedings concerning administration of the enterprise and the management of assets in accordance with insolvency law. We also prepare for debtors proposals for debt relief.

We provide advice to the members of executive bodies in relation to their personal liability during the bankruptcy of legal entities under their management.

We represent debtors, creditors, and other persons in incidental disputes relating to the establishment of claims, excluding assets from the estate, and determining the invalidity of an act.

In the area of restructuring and insolvency, we provide the following services in particular:

  • Filing claims
  • Representation in creditor bodies and institutions
  • Representing debtors in insolvency proceedings
  • Preparing reorganisation plans
  • Preparing proposals for granting debt relief
  • Representing clients in incidental disputes

We have already assisted clients with the following:

Representing a debtor in insolvency proceedings, including preparation of a reorganisation plan

Representing a debtor – manufacturer of rail vehicles and a supplier of investment units in insolvency proceedings, including preparation of a reorganisation plan.

Representing a debtor in insolvency proceedings, including preparation of a reorganisation plan

Representing a debtor – major supplier of refrigeration equipment in insolvency proceedings, including preparation of a proposal for authorising a moratorium, a petition for authorising reorganisation, and a reorganisation plan.

Preparation of pre-packaged reorganisation

Preparing pre-packaged reorganisation for operators of a hotel in the Czech Republic.

Representing a debtor in defence against a frivolous insolvency petition

Legal advice to a Czech company in defending against a frivolous insolvency petition.

Representing a creditor in enforcing secured claims in insolvency proceedings and representation in creditor bodies

Representing a person who is an insolvency petitioner, a secured creditor, and a representative of creditors with claims amounting to hundreds of millions of Czech crowns in insolvency proceedings, while the subject matter of security is co-owned by two insolvency debtors.

Representing creditors in insolvency proceedings

Representing many clients in insolvency proceedings with respect to enforcing their claims.

Preparing a petition for authorising debt relief

Representing clients in preparing a petition for authorising debt relief.

Representing a client in an incidental dispute over the invalidity of a transformation

Representing a client in an incidental dispute over determining the invalidity of the transformation of companies.

Representation in an incidental dispute over excluding property from the estate

Representing a client in a dispute over excluding property from the estate.

Advising a supplier providing a commodity to a person in insolvency proceedings

Legal advice to a supplier of electricity in relation to supplies to an insolvency debtor.

Advising employees in the event of the employer’s insolvency

Advising employees working for an employee in bankruptcy.

Advising a person purchasing property from a debtor in insolvency proceedings

Legal advice to a person purchasing real estate from a seller in bankruptcy.

Representing clients in disputes with an insolvency administrator

Representing clients in mutual disputes with an insolvency administrator.