Companies in financial difficulties need to act quickly and decisively to preserve the value of the business, gain time, restore stability, seek legal protection and avoid possible bankruptcy. In order to save, rehabilitate or reorganize their business, companies with financial difficulties require professional legal assistance. Lorenz lawyers have all the necessary legal and commercial skills based on extensive and diverse experience in various areas of practical activity (corporate field, corporate finance, commercial field, employment) to assist companies in financial difficulties in their efforts to restructure . With regard to tax issues, we work closely and provide comprehensive services in conjunction with recognized companies specializing in taxes. Lorenz has a unique approach to reorganization work. Given the lack of official units within the organizational structure of Lorenz, we can organize a team of lawyers specializing in various fields, in accordance with the requirements of our clients, while one of the partners of Lorenz will coordinate the work of different team members. The priority for us is to provide our clients with pragmatic reorganization decisions that enable them to achieve their strategic business goals, taking into account the complex political and social issues that may arise during the restructuring of the company and its rescue from the financial insolvency situation. A deep understanding of the industries in which our clients operate means that we can provide them with a real, information-based approach to the transformation process or to an official insolvency proceeding.
Financial difficulties
Lorenz assists financially challenged companies in restructuring their financial obligations and cutting costs, for example:
Taking the necessary corporate measures provided for by the Civil Code of the Kyrgyz Republic;
Carrying out refinancing measures;
More information here - https://en.wikipedia.org/wiki/Restructuring
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