Bankruptcy Services

Bankruptcy is the only legal way for indebted commercial organizations to go out of business. We provide a full range of bankruptcy services for legal entities:

  • Consulting
  • Pre-trial settlement
  • Development of a legal position
  • Drafting of documents
  • Participation in negotiations as mediators
  • Representation of interests in court
  • Enforcement of the judicial acts

Our lawyers have experience from 7 to 25 years. Contact us for a consultation.

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Bankruptcy procedure

The bankruptcy procedure allows going out of company’s business without looking for a successor, however, it is more complex and time-consuming than the voluntary liquidation procedure .  In some cases, bankruptcy can lead to criminal prosecution of the company’s managers and shareholders. Taking into account these risks, it is required to involve qualified lawyers for the bankruptcy procedure parties

The party that initiates the bankruptcy procedure, generally, improves its legal position. After the initiation of the procedure by the debtor, creditors do not have the right to choose an arbitration manager.

Necessary conditions for starting bankruptcy procedure

  • The debt to all creditors is more than 300,000 rubles.
  • Debt payment was overdue by more than 3 months

From the side of the creditor, the bankruptcy procedure of the debtor in the general case is as follows:

  • Collection of evidence and preparation of documents;
  • Initiating of bankruptcy procedure;
  • Petition for the interim measures introduction in relation to the property of the debtor;
  • Debtor actions analysis Identification of signs of intentional bankruptcy. Finding the transactions that caused damage to the organization;
  • Inclusion in the register of creditors' claims;
  • Preparation for challenging the debtor's transactions (if necessary);
  • Selection of an arbitration manager;
  • Court proceedings;
  • Participation in the meeting of creditors of the debtor;
  • Interaction with the arbitration manager and the management of the bankrupt organization;
  • Challenging judicial acts in appeal and cassation;
  • Control and enforcement of judicial acts.

On the part of the debtor:

  • Collection of receivables ;
  • Risk analysis and legal position preparation;
  • Measures to reduce the risks of the debtor;
  • Independent assessment of the debtor's assets;
  • Attempt of pre-trial settlement and a settlement agreement conclusion;
  • Claim right assignment and debt transfer;
  • Initiating of bankruptcy procedure;
  • Protection against the creditors` unreasonable claims;
  • Representing the debtor`s interests in court;
  • Development of an acceptable debt repayment plan.

Leading positions

Konsu is one of the leading consulting companies in Russia. We have been included in the following ratings of the rating agency Expert RA:

  • Top-10 in accounting outsourcing
  • Top-10 in payroll outsourcing
  • Top-15 in financial consulting
  • Top-15 in legal consulting
Ratings and associations