Drafting all the documents related to the restructuring, including share purchase agreements and asset transfer agreements, and the documents for the legal conversion of the companies involved;
Assistance with the preparation of general meetings and resolutions of the governing bodies that decide in the restructuring process;
Advice to creditors in all phases of insolvency proceedings and representing them in related disputes and proceedings;
Representing creditors at creditors’ bodies and in dealings with the debtors on ways to address insolvency;
Advice to debtors on the filing of insolvency petitions and on the ways to address their insolvency;
Advice to debtors on reorganisation and the structuring of the reorganisation plan;
Advice consisting in a comprehensive assessment of a contemplated restructuring and suggesting the optimum solution in legal and economic terms;
Debtor’s representation in related secondary disputes and other disputes.
Several members of CÍSAŘ, ČEŠKA, SMUTNÝ s.r.o. hold positions as insolvency practitioners and have long been specialising in insolvencies and ways of addressing them. This experience guarantees a superior standard of legal advice to both debtors and creditors conducting insolvency proceedings or attempting to avert imminent insolvency. Hand-in-hand with our clients, we also frequently draw up the creditors’/debtors’ petitions to initiate insolvency proceedings, creditors’ registrations for such proceedings, etc.
A very important aspect of advice related to insolvency law is the related secondary disputes, and members of CÍSAŘ, ČEŠKA, SMUTNÝ s.r.o. have extensive experience with the conduct and specifics of such litigation. The same applies to foreign companies’ insolvency proceedings, which have to reflect clients’ diverse interests entailing a cross-border element.
Satisfaction of creditors to the maximum extent possible with regard to the capabilities of the insolvent entity;
Co-operation with creditors and participation in dealings with them;
Efficient management of the assets and their subsequent sale;
Conclusion of loan and other agreements.
In 2009, several CÍSAŘ, ČEŠKA, SMUTNÝ s.r.o. experts were registered in the roster of insolvency practitioners. The successful completion of dozens of insolvency proceedings, in which a high percentage of creditors were typically satisfied depending on the insolvent entity’s capabilities, vindicates our capacity to achieve the very purpose of insolvency proceedings. The range of services offered is even broader thanks to the presence of several special insolvency practitioners with extended licences. Our law firm has a dedicated department that only handles insolvencies and ways of dealing with them, including, in particular, performance as insolvency practitioners.
Our work centres on providing legal services to business entities. Accordingly, we have developed our lines of expertise with a view to covering all areas and all phases of doing business, including those emergencies that businesses may face.