Liquidation & Settlements

A particular skill has been developed during the years in assisting clients to wind up the local business, be it for a voluntary decision or for an insolvency status. Advice is given to the decision-makers of the company to achieve the best results in a difficult situation. In some cases (also depending on the client) we can act as liquidators of Italian corporations. Services required are usually the following:

• Definition of the strategy for the easiest walk-away option;
• Assistance in legal steps necessary to achieve voluntary liquidation status;
• Alternatively, investigation to make use of a amicable settlement procedure (accordi di ristrutturazione, concordato preventivo); preparation of all the documents necessary to start the procedure;
• Definition of policies and assistance in negotiations with Unions and Labour Authorities for personnel redundancies;
• Assistance in liquidating assets and settling liabilities;
• Drafting of proof of debt claims in bankruptcy proceedings.