KG Law Firm’s Restructuring and Insolvency team provides assistance to companies in distress, financial institutions, auditing and consultancy firms and creditors in general.

We are involved both in forming the advisable work-out strategy and in negotiating out-of-court private restructuring agreements with creditors in informal work-outs.

KG’s services include:

• Advising on the effect of insolvency proceedings;
• Supporting on debt-recovery matters;
• Participation in pre-insolvency or bankruptcy proceedings;
• Claw back actions;
• Ranking of creditors;
• Level of protection and security;
• Liability of directors on insolvency vis a vis:
  • Tax authorities;
  • Social securities;
  • Employees.