Corporate restructuring
When a company is facing financial challenges, early consideration of a formal corporate restructuring can be crucial. At NORMA, we offer advice on the legal and business aspects of the restructuring process, enabling our clients to make informed and strategic decisions, and in many cases avoid becoming insolvent or having to file for bankruptcy.
Corporate restructuring is a complex legal process aimed at rescuing and restoring the viability of a company by reorganising it both financially and operationally.
Restructuring begins with an application to the district court, which is followed by the appointment of a reconstructor. Negotiations on a restructuring plan are carried out between the company and creditors, which is then approved by the district court. During the restructuring, the company is protected against bankruptcy applications and enforcement measures, among other things.
At NORMA, we act not only as experts in the restructuring process, but also as a safe and reliable partner from the moment the restructuring is considered. Contact us for further information and discussion on how our services can be customised to your specific needs and objectives.