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Insolvency & Restructuring Lawyers

There are always a number of different reasons for an impending bankruptcy or a restructuring and the spectrum of legal remedies in this field is equally wide: employment law, commercial, distressed M&A, company law, property and construction law, insolvency and tax law, to name but a few.

Although your company may be struggling in the face of falling demand, powerful competitors and mounting payment obligations, there are many such cases where bankruptcy can be avoided. That is exactly the primary goal of our advisory services: re-alignment, not bankruptcy.

We have many years of experience advising on restructuring or bankruptcy cases. Using this experience, we can safely guide you through all of the stages of restructuring. But even in the case of a bankruptcy, we will of course be there to advise and support you. We believe that in such cases, our main responsibilities lie in the flawless preparation of an orderly bankruptcy, in assessing the obligation to file and its justification, in drafting the bankruptcy filing and the restructuring plan, in enforcing the rights of creditors or creditor groups during bankruptcy proceedings or in representation on the creditors' committee as well as in negotiating business continuation agreements with the bankruptcy administrator.

The range of our activities includes designing a socially acceptable redundancy plan, advising on the contractual protection of business partners in case of bankruptcy, advising on the purchase of at-risk companies, on the purchase and sale of distressed assets, on the limitation of liability risks for senior management and supervisory board members as well as on tax-relevant restructuring solutions.

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Picture of Nedeljko Velisavljevic
Nedeljko Velisavljević
Part­ner
Belgrade
Lawyer
Serbia, Belgrade
Montenegro, Podgorica
Nedeljko Velisavljević is an experienced lawyer who joined CMS Belgrade in 2004. Prior to that, he worked at two renowned Serbian law firms, successfully representing international clients in ...
Picture of Marija Tesic
Marija Tešić
Part­ner
Belgrade
Serbia, Belgrade
Marija Tešić specialises in corporate/M&A, insolvency & restructuring and capital market law and can draw on many years of experience in advising international companies in Serbia on various legal m...