Insolvency law & Restructuring
All business owners experience situations in which liquidity or solvency can be a problem. Usually they are able to work their way out of the situation, but at other times market developments or other factors require a well thought-out and properly implemented restructuring. In such cases, besides extensive cost-saving measures a structural reorganization of the finances is generally needed too.
BANNING Advocaten assists management boards and boards of supervisory directors in implementing restructuring measures and advises them on the measures that need to be taken. The Insolvency Law & Restructuring practice group has highly experienced advisers in this area who can advise you on all the legal, personal and financial aspects involved in a reorganization. Part of the knowledge and experience in the practice group is based on our lawyers’ work as liquidators and administrators in liquidations and moratoriums.
Other players in this field, such as banks, ‘ordinary’ creditors and the tax authorities, have greatly improved their knowledge in recent years. With this in mind, the practice group aims to provide business owners with timely and professional advice in this complex area, so that the constructions chosen will lead to good solutions that can also be upheld even after they have been critically scrutinized by these ‘opponents’.
We also have broad experience in the field of directors’ and supervisory directors’ liability. We support them in this area when critical situations arise, such as when a company experiences financial difficulties and directors’ and officers’ personal liability has to be avoided.
The lawyers in this practice group also advise creditors, banks and financiers confronted with companies in financial difficulties. These activities vary from debt recovery to stipulating and enforcing security rights.
Lawyers:
» mr. M.J. (Maarten) Blommaert
» mr. S. (Sanne) Jansen
» mr. M.A.J.G. (Marc) Janssen
» mr. A. (Anneke) de Jongh
» mr. J.E. (Jan) Stadig
» mr. M.W. (Matthijs) Steenpoorte