Insolvency administration / Self-administration
Taking responsibility, creating the future
We are appointed by insolvency courts as insolvency administrators in regular insolvency proceedings or as monitors in self-administrations (such as protective shield proceedings). When handling these insolvency cases, our main priority is to safeguard the interests of creditors as best as possible and to preserve companies that can be restructured with maintaining as many jobs as possible.
These goals can often only be achieved by means of a temporarily continuation of the business operation by the insolvency administrator. We are not afraid of assuming entrepreneurial responsibility in this situation. At the same time, it is necessary to examine what long-term continuation or takeover options exist for the company. To achieve this end, we implement M&A processes, which are often supported by an interdisciplinary team of experts, and we develop necessary operational restructuring measures. We negotiate with works councils and the trade unions to achieve the most socially acceptable restructuring possible in order to secure jobs in the long term.
We have experience in designing and implementing company-specific insolvency plans and we are enforcing a wide range of insolvency law specific claims against third parties in the interests of creditors.
“We have experience in designing and implementing company-specific insolvency plans and we are enforcing a wide range of insolvency law specific claims against third parties in the interests of creditors.”
Although the restructuring of an insolvent company as whole or in parts is always the preferred option, we also have the experience in liquidating and winding-up companies and business areas without the prospect of continuation.
If we are appointed as monitors in self-administration proceedings, we supervise the compliance with the insolvency law requirements by the self-administering company and its executive bodies in order to protect creditors. At the same time, we also contribute our experience to the restructuring process.
The insolvency proceedings that are handled by our firm concern companies from a wide range of sectors and sizes – from traditional SMEs to international groups. KebekusPartner RECHTSANWÄLTE has the personnel and functional capacity to handle even complex large-scale proceedings with international connections. Our approach is characterized by transparency, independence and professionalism.
