Protection creditors’ interests during bankruptcy proceedings

A bankruptcy proceeding initiated in regard to a debtor is not a pure minus – it does offer certain opportunities for creditors. A number of debt collection tools are only available in bankruptcy cases. You should not let the moment pass, but you should promptly make use of these tools.

REVERA’s lawyers’ activities in this area comprise assistance to creditors and protection of creditors’ interests in situations involving debtor’s actual or prospective bankruptcy:  

• Consulting on risk management issues involving economic insolvency (bankruptcy);
• Representation of creditors in bankruptcy proceedings;
• Protection from actions by temporary administrators / crisis managers;
• Representation at creditors’ meetings;
• Return of unlawfully disposed property;
• Challenging transactions involving debtor’s asset stripping;
• Challenging actions/transactions related to debtor’s reorganisation;
• Monitoring the purchasing of bankrupt’s assets;
• Bringing to subsidiary responsibility.

*Representation of interests in court is carried out by independent attorneys.