Initiation of restructuring

We provide consulting services and assistance in all topics related to the initiation of corporate restructuring, prepare the draft restructuring plan, help plan the vision of the company and the outlook for the nearest future.

To start the restructuring process, the decision of the shareholders of the company is needed first. Then, the draft restructuring plan has to be prepared, the restructuring administrator needs to be chosen and the documents concerning the application to start the restructuring have to be prepared for submission to the court.

The company must comply with the following key requirements:

  • The company has financial difficulties or will have such in the nearest future;
  • The company has not terminated its economic activities;
  • The company was established no less than three years ago;
  • The company has not been restructured previously or 5 years have passed since the last restructuring.