We provide legal assistance to creditors, debtors, shareholders and other interested parties in bankruptcy, insolvency, restructuring and liquidation proceedings in North Macedonia.
These proceedings are highly regulated and often time-sensitive. Our bankruptcy lawyers help clients assess their legal options, protect their rights and take timely action to preserve claims, protect assets and address financial difficulties.
Bankruptcy and Insolvency Legal Services
We provide legal advice and representation in a wide range of bankruptcy and insolvency matters, including:
- Assessment of insolvency and restructuring options
- Preparation and initiation of bankruptcy proceedings
- Representation of creditors and debtors
- Submission and protection of creditor claims
- Participation in creditors’ meetings and committees
- Review and negotiation of reorganisation plans
- Out-of-court restructuring and settlement arrangements
- Protection against unlawful transfers of assets
- Challenging transactions detrimental to creditors
- Enforcement of secured claims
- Representation before courts, bankruptcy trustees and administrative authorities
We advise creditors on available remedies for protecting and recovering their claims and assist debtors and shareholders with understanding their rights and obligations during insolvency proceedings.
Restructuring and Reorganisation
Where a business is experiencing financial difficulties, an early assessment of the available restructuring and reorganisation options can be important.
We advise companies and their stakeholders on potential restructuring strategies, including formal reorganisation proceedings and out-of-court restructuring. We also assist with the review and negotiation of reorganisation plans and settlement arrangements with creditors.
Our lawyers assess the legal position of the relevant parties and assist with protecting assets and claims during the restructuring process.
Company Liquidation and Closure
We provide legal assistance with both voluntary liquidation and compulsory liquidation of companies in North Macedonia.
Our services include preparing the necessary corporate and legal documentation, advising shareholders and management, coordinating registration procedures and assisting with the closure and deletion of companies from the relevant registers.
We also advise on outstanding liabilities, creditor claims and other legal issues that may arise during the liquidation process.
Our bankruptcy and insolvency lawyers represent domestic and international clients before courts, bankruptcy trustees and competent administrative authorities. We assist creditors, debtors, shareholders and other interested parties throughout North Macedonia.