In the context of formal insolvency proceedings, restructuring proceedings or process of refinance, carefully taken commercial decisions are of utmost importance while complying with all applicable rules. Easier said than done when all seems lost and emotions run high.

Fischer FLP legally supports you during difficult times of business distress and helps you avoid or mitigate liability risks as best as possible. So that you can re-position in terms of business.

This means, in particular:

• Competent advice and swift support determining whether your business has entered a formal state of distress triggering legal consequences.
• Comprehensive advice and information relating to the exact duties and obligations arising from the respective stages of business distress.
• Efficient assistance in filing insolvency with the competent Austrian courts and with any other required formal filings and necessary correspondence.
• Comprehensive advice and reliable support for Directors and Officers to minimize potential liability risks.

As a supplier, financier or other contractual partner of a distressed or insolvent business you are confronted with threats that your claims might not be satisfied.

FISCHER FLP advises you competently and efficiently on how to properly deal with business partners in distress or insolvent business partners and helps you assert your rights as a creditor.

So that your claims against businesses in distress are protected as best as possible.

This means, in particular:

• Comprehensive advice on your rights as a creditor when your business partners are in distress.
• Reliable and targeted support in filing claims in the event of insolvency of your business
• Competent advice and efficient support relating to corporate transactions in connection to crisis-ridden companies (Distressed M&A).