Insolvency and restructuring
Binder Grösswang comprehensively advises clients in all areas of insolvency law and in the case of restructurings and reorganisations. We advise investors, banks and companies facing business partners that are in a financial crisis as well as companies that are in financial difficulties.
The scope of our services is supplemented by a focus on refinancing. In insolvency-related questions arising in transactions, our experts work closely with the transaction teams of Binder Grösswang.
Other focuses include advising creditors and companies (and their shareholders or executive bodies) on out-of-court restructurings and in insolvency proceedings, representation of creditors and protection of creditor positions in insolvency situations, as well as advice on the granting and enforcing of securities.
Clients are national and international companies, banks, shareholders and directors.
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Information sourced from the Binder Grösswang website.
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As the cornerstone of the Austrian Act on Limited Liability Companies amendment, the minimum nominal share capital of a GmbH shall in future be €10,000.
The life of losses can be adventurous, especially when it comes to the cross-border travel of losses within the EU if the travel is triggered by a merger.