Bankruptcy Insolvency

We assist our clients – companies, company management, unpaid creditors, employees, shareholders, investors and potential buyers, throughout the process to remedy company insolvency.

Upstream, JAD & associés advises debtor companies create and develop solutions to prevent eventual insolvency.

At the initial stage of the proceedings (safeguard, receivership or liquidation), JAD & associés counsels clients with their various inquiries, requests or disputes:

  • Declaration of cessation of (defaults on) payment / bankruptcy
  • Declaration of debt obligations, applications for time-bar relief, claims on materials
  • Status of on-going contracts (non-execution, prosecution, termination)
  • Status of commercial leases
  • Implementation or challenging lay-off disputes, seeking of the wage guarantee assistance (AGS)
  • Sale of assets
  • Implementation of safeguard or receivership plan
  • Execution of personal or property guarantees for unpaid debt.

JAD & associés also advises managers in proceedings against them by the Court-appointed administrator, agent or public prosecutor: personal sanctions, proceedings for lack of assets.