Debtor-in-possession
In certain conditions, the debtor-in-possession regime or protective shield proceedings can be an alternative to regular insolvency proceedings. Both of these tools have the company’s restructuring as a goal. The debtor-in-possession or self-administration regime offers the advantage that management and, where permissible, the stakeholders of the insolvent company can continue managing it, with the assistance of experienced advisors. This happens under the supervision of a custodian who not only monitors compliance with insolvency laws and regulations relating to the proceedings but also reviews the company’s financial situation and ensures that creditor interests will be safeguarded.
We have extensive experience in (provisional) self-administration and (provisional) custodianship, and will be happy to assist you. Our focus areas relating to self-administration and custodianship are:
Overview
- Preparing self-administration under § 270a InsO and the related insolvency filings
- Drafting certificates under § 270 b InsO for protective shield proceedings
- Advising management and acting as holder of general power of attorney or chief restructuring officer
- Structuring and drafting insolvency plans including the required schedules
- Acting in the capacity of (provisional) custodian
- Insolvency-specific litigation
- Reorganisation and insolvency law
- Reorganisation and insolvency tax law
Contact person(s)
Are you looking for a contact person in the area "Debtor-in-Possession and Custodianship"? On the following page we offer you an overview of our experts in the field of debtor-in-possession and custodianship . Visit the profiles of the experts, look at their areas of expertise and experience and, if you are interested, contact them directly with one click.
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