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Understanding risks

  
"The worst bankruptcy in the world is the person who has lost his enthusiasm."
 
H.W. Arnold

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Restructuring & Insolvency

Running a business is all about taking risks. Your business or business partner may encounter financial setbacks, placing pressure on your margins, liquidity and turnover, in which case rapid and comprehensive action is crucial. In times such as these, you need legal counsel who is familiar with the gravity of the situation, pragmatic and prepared to pull out all the stops. The Restructuring & Insolvency team of Dijkstra Voermans is ready to provide assistance and advice when your company faces stormy weather.

We advise enterprises, shareholders, investors, banks and creditors trying to navigate national and international bankruptcy law, liquidation, asset and liability transactions and relaunches. The attorneys of Dijkstra Voermans take a comprehensive approach. As we work closely with your business management team and any consultants, our legal analysis and solutions take everything into consideration and are always in line with the relevant aspects of your business operations, ensuring the optimum solution is achieved.


Insolvency risk analysis

If your business runs into financial problems, it is essential that you accurately identify the various potential risks and liabilities that may affect your business, regarding areas such as corporate guarantees, security deposits, group financing and liability claims. We ensure that you gain an understanding of such matters and advise you of the risks and the legal steps that need to be taken.

Personal liability of managing directors and shareholders

Managing directors and shareholders can be held personally liable, for example, by the receiver for manifestly improper management or by the tax authorities for not sending notification of the inability to pay on time. In liability cases such as this, our expertise can make all the difference.


Financing and assurance constructions

Almost all businesses receive some kind of financing, whether from an external financier (e.g. bank) or internally from the holding company, for example. Those who provide or receive financing must ensure that the documentation of all conditions is watertight. It therefore makes sense to check all credit documentation with regard to financial risks, interest rates and assurances. Our Restructuring & Insolvency team can advise and assist you in drafting these financing and assurance constructions. We can support you if the banks threaten to withdraw your company's financing or tighten the conditions of financing.
You can put your trust in our solid foundation of knowledge and experience, which we apply in identifying the optimum solution for your unique case.


Contact a Restructuring & Insolvency specialist.

At Dijkstra Voermans, you can rest assured that you always receive assistance from dedicated professionals devoted to providing the best possible solution to your unique case. Contact one of our employees without obligation .