Insolvency and bankruptcy can have significant implications for companies and creditors and put the creditor’s own operation at risk. Insolvency and bankruptcy laws can be complicated and often differ from country to country, which can be challenging for companies operating in an international oriented sector as the transport and logistics sector.

ITL Attorneys can assist in protecting the rights and maximizing the recovery of outstanding debts. We possess an in-depth understanding of bankruptcy laws, creditor rights and the specific processes involved. The debtor's financial situation will be assessed, the feasibility of the claim in the bankruptcy of reorganization procedure will be evaluated and a strategy to recover debts will be advised. ITL Attorneys advises creditors on their legal rights and possible privileges, represent them in negotiations or court proceedings and ensure that their interests are properly protected throughout the process.

ITL Attorneys can also assist companies facing financial difficulties. Advice and assistance can be provided related to the legal obligation of the company finding itself in financial difficulties, the obligations and responsibilities of the management and shareholders of the company and the procedures to be followed.