Experts in Insolvency Administration.
We operate in various judicial districts.
Insolvency Law Lawyers
Economic circumstances may lead a company or an individual with different types of debts to be unable to meet their financial obligations. In such cases, they are considered insolvent. According to the principle of patrimonial liability established in current legislation, when a debtor fails to fulfill an obligation, the creditor may pursue the debtor’s assets through judicial proceedings in order to obtain payment.
Insolvency Administration
We act as insolvency administrators in numerous proceedings across different judicial districts. Insolvency Department, in its role as insolvency administrators, operates through the group company FORNER ABOGADOS Y ECONOMISTAS S.L.P., which is accredited by the relevant professional associations.
Insolvency Law
Situations
Advice during pre-insolvency and insolvency phases (filing of insolvency petitions). Pre-insolvency and bankruptcy proceedings.
Pre-insolvency and bankruptcy proceedings.
Legal advice on the acquisition and sale of business units.
Insolvency administration.
Application of the Second Chance Law and debt discharge procedures.
Insolvency mediation.
Preparation of creditor agreements.
Challenge and recognition of claims.
Defense of creditors’ rights.
Liability of directors / Insolvency qualification proceedings.
Due diligence on non-performing loan portfolios and post-acquisition management for investment funds.
Advice during the liquidation phase of insolvency proceedings.
Recognition and enforcement of foreign insolvency judgments.
Recognition and enforcement of foreign claims and securities in Spanish insolvency proceedings.