Business distress

Business distress governance

Legal assistants

Drawing on decades worth of proven experience, we accept assignments from legal authorities to act as receivers in bankruptcy proceedings and as administrators and liquidators in arrangements with creditors.

We take a multi-disciplinary approach in our activities, enabling us to assess the extent of the distress and the suitability and sustainability of the proposed plans.

We are capable of managing complex and multi-faceted assignments, thanks to a team of professionals and advisers with specialist skills.

Distress resolution advisers

We have built up extensive experience as advisers in relation to business distress resolution situations, supporting individual companies and corporate groups, including transnational groups.

We support businesses in identifying the most appropriate legal tools for managing situations of distress based on a preliminary assessment of the extent and type of debt.

We examine all of the options prior to admission to bankruptcy proceedings, including the possibility of selling single assets or branches of the business, subdividing creditors into classes and renting out the company.

We act as financial advisers in preparing plans for composition with creditors, supporting company management in preparing and analysing the plan in close collaboration with the legal adviser for the purposes of preparing one the petition and meeting the compliance obligations set out by the court.

We support businesses in identifying the various legal, economic and financial impacts in relation to the proposed composition arrangement. We provide assistance in dealings with the authorities in the proceedings and in performing comparative assessments in the event of liquidation of individual assets and/or branches of the company.

We support corporate bodies in analysing the potential impact of the situation of distress on their liability.

Certifications

Thanks to our recognised experience, we are chosen by companies and industrial holding companies, including listed companies, to perform certification activities.

We carry out quality, comprehensive preliminary analyses of the context in order to highlight and predict any critical issues and potential solutions. We assess the distress and the financial dynamics prior to issuing the certification required by law to resolve situations of business distress.

We issue certification of the accuracy of the company information and feasibility of the recovery plan, debt restructuring agreements and composition with creditor proposals, relating both to liquidation and management of the company as a going concern.