Out-of-court resolution of insolvency and alert procedures

FIVELEX designs and implements sustainable and effective tailor-made solutions for its clients in order to manage and resolve delicate, complex situations of financial tension, including through:


out-of-court compositions;
standstill agreements;
moratorium agreements;
certified turnaround plans pursuant to Art. 67 d) of the Bankruptcy Law.

 

FIVELEX also advises banks, investment funds and other financial players involved in restructuring the debt of such companies or their creditors and shareholders.


By keeping constantly abreast of legal developments and taking a multi-practice approach, FIVELEX is able to support its clients in all significant phases of out-of-court resolution processes for insolvency situations, including:


technical and legal analysis of company assets, in relation to short-, medium- and long-term financial debt;
study and implementation of legal actions aimed at preserving and optimising company assets;
guidance in management decisions to protect shareholders and stakeholders;
adoption and implementation of “alert mechanisms”;
adoption and implementation of the mechanisms offered by the Financial Distress and Insolvency Code to resolve financial distress situations and resume operation as a going concern;
advice in all phases of assisted crisis composition proceedings before the Financial Distress Composition Authority.