In times of economic crisis, many companies may suffer from a lack of liquidity, which forces them to reduce as much as possible all kinds of expenses, negotiate moratoriums, apply ERP's as well as obtain external financing. Our mission as lawyers is to prevent our clients from having to file for bankruptcy or liquidation of companies that would have been viable under normal market conditions. We believe that bankruptcy solutions should not be used, but rather solutions that allow for negotiation between the parties, based on agreements with the creditors, with minimal judicial intervention, that enable finding ways to repay the liabilities and to restructure the company to make it viable in the future.
Among the measures to be analyzed for this purpose we can mention:
The first ones refer to: strategies of defense and patrimonial reinforcement; without being exhaustive we can mention:
The second refers to:
At FONT YILDIZ we advise companies on how to make the best decisions to restructure their business in terms of finance, employment, bankruptcy and taxation, not only to make it viable, but also to make it more efficient in the future.