York Zieren
York Zieren
Despite the best order situation, the occurrence of payment delays can already constitute a crisis, forcing action to be taken for legal reasons. Crises can be countered by various means. From individual settlements with creditors, reorganization measures with the support of the employees' side, to comprehensive (out-of-court) restructuring and reorganization. Together with our clients, we find the way out of the crisis. Insolvency law itself also provides many options for dealing with such situations (preventive restructuring through the Corporate Stabilization and Restructuring Act (StaRUG), self-administration and protective shield proceedings under the ESUG).
Especially in the area of reorganization, the principle "early action opens up scope for action" applies.
York Zieren
Eckard von Bodenhausen
Tina Denso
Quotes from the TeamI speak international!
Sarah Owusu
Associate