EK Insolvency
We offer you a one stop shop to specialized recovery services.
Corporate Recovery Services
Members Voluntary Liquidation
A simplified, fast track procedure for the voluntary dissolution of a solvent company.
Involves the appointment of a liquidator by the members.
It is most commonly used in groups’ reorganization that require closing-down certain subsidiaries.
Creditors Voluntary Liquidation
Similar procedure to the MVL used for insolvent companies.
Involves the appointment of a liquidator by the creditors in this case.
It is most commonly used in groups’ reorganization that require closing-down certain subsidiaries.
Examinership
An integrated corporate restructuring mechanism that involves:
- Stay of proceedings for 4 months
- Appointment of an Examiner
- Cross clam cram down of dissenting creditors
Reorganisation
Corporate restructuring mechanism (common in Mergers & Acquisitions):
- Preparation of a restructuring plan
- Negotiations with creditors and members of the company
- Court affirmation
Advisory
Preparation of:
- Independent Expert Reports
- Restructuring Plans
- Recovery and collateral enforcement advise
- Recapitalization reports
CRO Services
Appointment of a Chief Restructuring Officer:
- To reinforce the BoD in addressing major changes
- To implement operational or financial restructurings
- To devise and implement succession planning
Creditor Services
Receiverships
Experience is the guiding force in any Receiver and Manager appointment in order to efficiently:
- secure assets & income;
- manage personnel;
- negotiate with directors;
- inform all stakeholders;
- take control of the company.
Liquidations & Bankruptcies
Delays in these processes are common due to the backlog of cases of the Insolvency Department.
Appointment of an insolvency practitioner as liquidator or trustee in bankruptcy can speed up the assets’ realization and distribution process, with multiple benefits for the creditors.
Personal Repayment Plans
Appointing an experienced insolvency practitioner to provide guidance and consultation on a case-by-case basis on PRPs, can make a difference in handling efficiently this highly procedural restructuring scheme.
Creditor Representation
In depth knowledge of the proceedings and the regulatory framework is key in presenting your case in:
- creditors’ meetings in liquidations, receiverships or PRPs;
- corporate reorganizations;
- in Court proceedings, as an expert witness.
Receivers’ Management
Ongoing supervision of the appointments of insolvency practitioners is a versatile and challenging task that can be simplified through:
- Streamlined administration
- Insolvency experts’ advice
- Legal support
People’s Management
Personnel expertise in the proceedings they are called to handle is key not only to performance, but also to commitment and continuity.
We offer trainings and on-site consultation in securities, recoveries, restructuring and insolvency proceedings.
