Insolvency
Becoming insolvent, or having a client or supplier declaring bankruptcy, is more common than we would want, but this is nevertheless an area where the need for experienced lawyers with insight of the issues surrounding insolvency is clear. Insolvency also involves an extremely fine balance in many cases: as a liquidator, for example, you need to continuously weigh resources against claims. At Foyen, we have extensive experience of insolvency issues and regularly manage bankruptcies, rebuild companies, liquid companies and represent creditors.
We have other strengths in this complex area – beyond legal expertise. For us, being readily available is important; this is not only a complex legal field, it is also an area where respectfulness and decorum with all parties are extremely important. In addition, we have extensive experience of dealing with large-scale and cross-border insolvencies. We also have a broad contact network among banks, accountants, and auditing consultants.
