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6th Mission

Troubleshooting

No business is immune to difficulties: excessive growth, a major loss, adverse effects of new legislation… In such circumstances, what you need may be:
  • An objective and independent diagnosis of the situation as it really is and of the manifest risks, and proposals for realistic solutions
  • Support and assistance throughout insolvency proceedings
  • Litigation support
Our dedicated, responsive teams stand shoulder to shoulder with you. Our in-depth knowledge of the legal constraints and the expectations of all parties concerned (magistrates, official receivers, creditors) enables us to anticipate requirements, establish turnaround capacity and the measures necessary, and put forward solutions acceptable to all for the continued existence of the business and the security of its directors.
 
Prevention and support during turnaround - Ad hoc mandate:
  • Diagnostics (causes of difficulties, financing needs, measures required and forecasts)
  • Assistance in negotiations with creditors

Audit and support in disputes:

In support of legal counsel and corporate legal advisors (legal disputes, legal cases, etc.), we bring to bear our skills with figures and internal inspections to assess degrees of damage, identify and estimate the scale of fraud, monitor warranty or price review clauses.
 

Expert advice or assistance in managing companies under insolvency proceedings:

  • Assistance in opening the procedure: assessment of difficulties (backup), of the state of insolvency, drawing up the declaration of insolvency, assistance in dealing with the court and official receivers
  • Pursuance of insolvency procedures: monthly operations and cash flow forecasts; monthly reports to the judicial administrator; auditing of receivables declarations; assistance with the establishment of the backup or recovery plan
  • Emergence from the procedure: informing the plan commissioner

Arbitration:

One of our partners may be designated, singly or as a member of a court of arbitration, to settle disputes.