Insolvency

Since the inception of the PSBH, insolvency has been a preferred area of practice, given the challenges this sector poses and the fact that it is a possibility of helping bona fide companies in financial difficulty.
In this field, the experience of the PSBH is extensive, representing both debtor and creditor creditors holding claims of different degrees and the acquiring of rights in the insolvency proceedings.
Moreover, in order to avoid insolvency proceedings, the PSBH represented the interests of customers in the framework of the proceedings of the preventive concordat, negotiations before creditors and the recovery of companies.
PSBH therefore provides legal advice, assistance and representation in relation to:
• Opening and representation during the procedure of preventive concordat,
• Negotiation from the perspective of creditors or debtor in proceedings for an arrangement with creditors, to avoid insolvency or bankruptcy proceedings,
• The entry at the credit table of customers’ claims against debtors in respect of which insolvency or bankruptcy proceedings were opened,
• Opening insolvency or bankruptcy proceedings,
• Representation during insolvency or bankruptcy proceedings, in order to achieve the rights of the customer,
• Representation in disputes concerning disputes in the preliminary table, final or supplementary,
• Representation in disputes for the annulment of decisions of the meeting of creditors or of decisions of the administrator or liquidator,
• Representation in disputes concerning the annulment of the company’s fraudulent acts prior to the opening of insolvency or bankruptcy proceedings,
• Representation in disputes aimed at attracting responsibility to the persons considered responsible for the state the insolvency of the company,
• Assistance in the liquidation of the assets of the company, both from the perspective of the debtor or creditors and from the perspective of the purchasers of those assets,