Insolvency administration | PLUTA Rechtsanwalts GmbH
We Help Companies.

Insolvency as a Second Chance

In crisis situations, the efforts of management, shareholders and employees are not always sufficient to get a company back on the road to success. Recurring delays on payments might cause supplier to lose their patience. In the event of looming inability to pay at the latest, insolvency is imminent. What was formerly equated with the closure of companies is an opportunity for a new start today - provided that the company's management considers insolvency as plan “B“ at an early stage.

Debtor-in possession management proceedings, protection proceedings, as well as the planning and monitoring of proceedings by experienced administrators or insolvency administrators, offer additional prospects for creditors and companies. They guide companies competently through crises and ensure the transparent and correct implementation of the insolvency proceedings to the courts. By doing so, they enable the preservation of companies beyond the crisis.

Cases

Engineering

Engineering

Just a few days after the insolvency proceedings were opened, the process of finding an investor for Maschinenfabrik Möllers GmbH was successfully concluded. The Arodo Group from Belgium will take over the business and keep on around half of the mechanical engineering firm’s employees.

Logistics

Logistics

The creditors of W & F Franke Schwerlast Internationale Spedition GmbH can be pleased with an initial dividend distribution of 52.6%. A total of 1.87 million euros have therefore been paid out already.

References

  • Gebr. Märklin & Cie. GmbH, Göppingen
  • nicko Cruises GmbH, Stuttgart
  • Wissmach Modefilialen GmbH, Göppingen
  • BGP Immo-West S.à.r.l. & Co. KG, Grünwald
  • KPS AG, Hirschberg
  • Gellertstadt Bäckerei GmbH, Hainichen
  • HASTRABAU-WEGENER GmbH & Co. KG, Langenhagen
  • AdMould Werkzeugbau GmbH, Thannhausen
  • Autohaus Sölter GmbH & Co. KG, Neustadt

et al.

Your Requirements

Is your customer insolvent and do you want to achieve an optimal outcome for your claims? Or are you regularly working as a creditor with insolvent debtors and are looking for an insolvency administrator experienced in restructuring? Or are you dealing with insolvency as a judge or judicial officer in a professional capacity and you want to be in direct contact with an insolvency administrator? In the event of such a case, insolvency always means the need to act quickly, to receive the important information directly and to reach the right contact person.

As a creditor, in addition to our service spectrum you will find on our website:

As an employee of a court, you will find an overview of our competencies as well as:

Your Benefit: The best possible Outcome

  • through regional insolvency administrators with legal and business management expertise
  • through international connected teams with multiple qualifications
  • through the use of proven and certified proceedings
  • through experience from hundreds of successfully completed proceedings

Our Expertise

The management of insolvent companies is PLUTA's core competence. For more than 30 years, we have complied with relevant laws and jurisdictions.

An intensive confrontation with the ever-changing economic and legal frameworks of the various sectors is obligatory for us to achieve the best possible result for all parties involved in the proceedings.

Awards / Listings

  • Deal Maker of The Year Awards 2021
  • Gamechangers Global Awards – Firm of the Year 2021 (Insolvency & Restructuring) – Germany
  • Global 100 Excellence Award – Firm of the Year 2021 (Insolvency & Restructuring) – Germany
  • Leaders League – Germany – Best Law Firms – Insolvency – 2021
  • Leaders League – Germany – Bankruptcy & Insolvency Litigation – 2022
  • M&A Today Global Awards 2021 – Insolvency & Restructuring Law Firm of the Year – Germany
  • The Legal 500 EMEA Leading Firm 2022
  • Who's Who Legal Germany 2022

and more

Legal services in protective proceedings and debtor-in-possession proceedings

In 2012 the protection proceedings regulation (§ 270b InsO) was introduced in Germany with the law to further facilitate the restructuring of companies (ESUG). Protection proceedings are a special form of debtor-in-possession management. Protection proceedings offer companies the opportunity to prevent regular insolvency proceedings if the application is filed early and if the reasons are well founded. A company is then given the opportunity to protect itself against enforcement measures. The liquidity of the company and the chances of successful restructuring are important factors for the arrangement of protection proceedings.

The management may then lead the company itself out of the crisis under the supervision of a solicitor and usually with the support of experienced restructuring experts. Courts can reject proposals for solicitors only if there is a lack of suitability, lack of experience or a dependency. The solicitor supervises, among other things, the management of the business, receives files for claims and establishes an insolvency schedule. The debtor also requires the approval of the solicitor in exceptional transactions, which, for example, exceed considerably the previous business. Therefore, PLUTA's solicitors are always experienced insolvency administrators, who supervise the proceedings or the debtor and ensure legal compliance with the court.

Insolvency administration

The responsible court appoints an insolvency administrator upon the opening of insolvency proceedings. To safeguard the insolvency assets and to examine the restructuring potential of the company, the courts in Germany, for example, first appoint a preliminary insolvency administrator for the preliminary insolvency administration. If sufficient assets are identified, the insolvency court opens insolvency proceedings usually about three months after submission of the application.

In order to achieve the objectives of a proceedings, the insolvency administrator takes over the management of the business and thus makes decisions about the future of the insolvent company, e.g. the utilisation of the debtor's assets and the distribution of revenue to the creditors. The debt relief or the creation of an insolvency plan to preserve the company and to continue the business, however, opens up a second chance for companies. Usually, we achieve the best outcome for the creditors.

The attitude and experience of the insolvency administrator and his team have an influence on the restructuring opportunities in the event of corporate insolvencies and the creditors' prospects by obtaining as high a rate as possible for their claims. Economic expertise, commercial intuition and the trust of the courts in their work create the best possible conditions for leading a company through and out of insolvency.

In terms of the creditors, we always strive for the best outcome. In many insolvency proceedings, PLUTA administrators achieve above-average insolvency rates. Our lawyers are among the most frequently appointed insolvency administrators for companies in Germany. PLUTA experts also oversee prominent and complex business procedures with and without cross-border implications in Italy and Spain.

Continuation of businesses/operations

Continuing a business during insolvency proceedings requires keeping corporate and legal details in mind. Therefore, the decisive factor is the commercial character of the insolvency administration and the relevant experience in the supervision of corporate insolvencies. All restructuring measures are aimed at facilitating the continuation of the operation. Factors for success include, in addition to a comprehensive analysis of the continuation prospects, the integration of the existing staff, the continuous communication with all relevant target groups, as well as the consistent implementation of necessary restructuring measures culminating in the sale of company assets.

In the process of continuation, the focus also lies on value retention and the satisfaction of the interests of the creditors. At the same time, however, the company and its employees are also given future prospects. This is useful, e.g. if there is a loyal customer base or a competitive product. It is important to rectify the causes of the crisis and to restructure a company so that it can get back on track permanently. The company should become competitive again and generate yields on the market typical for its sector. The faster this is possible through strict management of the insolvency proceedings, the better. A long-term approach can also ultimately be the decisive factor for success. Preserving a company instead of winding it up is therefore what the PLUTA insolvency administrators aspire to do in their work.

Assertion of appeals and liability claims

The review of cash flows for lawful use is the core task of the insolvency administrator. According to the rules of the insolvency order, he has to challenge certain legal acts, such as unauthorised payments during the crisis and thereby reverse them. Subsequently, these payments must be returned. This helps to increase the insolvency assets in favour of all the creditors of an insolvent company. Details of the right to appeal are a complex legal issue. Experience, expertise and profound knowledge of jurisprudence are prerequisites for launching appeals.

Equally complex is the assertion and enforcement of liability claims, for example, against directors or board members of insolvent companies. PLUTA insolvency administrators also have many years of experience in this. Delaying insolvency proceedings, negligent behaviour or violation of capital preservation regulations are just a few keywords that are subject to intense examination in the course of insolvency. We analyse the respective business transactions in detail for their compatibility with the internal requirements of the company and the statutory provisions and enforce these together with the experts of our business area of legal advice.

Creation of insolvency plans

The insolvency plan is an important instrument in the reorganisation of the enterprise already in the process of insolvency or the company behind it. Within the framework of the insolvency plan, a settlement is made with the creditors and the rate is determined. The prerequisite is a sound situational analysis and the formulation of appropriate restructuring measures. The insolvency plan also requires a description of the measures which have already been implemented or are still to be carried out during the insolvency proceedings, in order to meet the formulated targets. In particular, an explanation is required if the business is to be used instead of the restructuring of the old legal entity by liquidation, by means of a transferring, restructuring or otherwise.

The insolvency plan also describes how the planned measures affect, on the one hand, the rights of the shareholders and, on the other, the satisfaction of the creditors. The administrator must also specify and explain the changes in the individual parties' legal position when implementing the measures. The insolvency plan can finally authorise the insolvency administrator to implement the measures described.

For the preparation of sound insolvency plans, our appointed insolvency administrators approach our experts from the fields of taxation, labour law and company law. The plans are also examined by our business economists from the reorganisation and restructuring division for feasibility and are discussed with the parties involved. This is how PLUTA creates insolvency plans that satisfy diverse interests and are successful in practice. Our experience enables us to negotiate with the creditors in a factual and goal-oriented manner in order to obtain their approval. In doing so, a high level of experience and intuition and sensitivity is regularly required.

Management of regional, national and cross-border proceedings

Small, medium-sized and large companies can face financial difficulties. Depending on the size of the company and geographic location, insolvency proceedings are often quite different. For example, there are regional proceedings for small or medium-sized enterprises, which are rooted in the region. In such cases, it is important that the insolvency administration recognizes and takes into account specific regional characteristics. This also applies to most consumer proceedings.

However, the modern working world is increasingly characterised by national and international interdependence and global competition. As a result, there are more and more proceedings that have a national or even cross-border connection. In the case of national proceedings, it is advantageous if the insolvency administration is represented at several locations. The insolvency administrator can deploy his teams on-site, thus speeding up handling of the proceedings.

In the case of international insolvencies, considerable challenges often arise, which usually necessitate a lot of experience and a well-established network on the part of the insolvency administrator - especially if corporate legal structures appear. For cross-border proceedings within the EU, the European Insolvency Regulation (EuInsVO) has been applied since 2002. In these proceedings, the debtor's assets are spread over several EU member states. In 2017 the new version of the EuInsVO became applicable. The new regulation, for example in the area of corporate insolvency, attempts to reduce the content-related shortcomings of the original version.

PLUTA handles proceedings efficiently. This applies not only for regional, but also for national and international large-scale proceedings, because we are represented nationwide in Germany and also operate branches in Italy and Spain. We provide our business partners with continuous support for their activities and proceedings with our international desks in these countries as well as across borders.

Our Quality

PLUTA has experienced insolvency administrators working for them in central and southern Europe with many years of experience of handling corporate insolvencies. Our administrators and their teams, with their knowledge and skills, make a decisive contribution to balancing claims from creditors, compensating consumers and enabling the economic survival of companies.

Our insolvency administrators are anchored in the regions and contribute multiple qualifications, business-fluent foreign language skills and international contacts to the settlement of their proceedings. Continuing education is the prerequisite for us to fulfil the aspiration of the optimal combination of theory and practice. At PLUTA, talented new recruits will be carefully prepared for their work as administrators and will be coached by experienced administrators.

In this way, for each proceedings we guarantee the implementation of our high standard of service and quality - regardless of whether we are dealing with telephone availability via our service numbers, handling of proceedings according to the specifications of the individual courts, or providing procedural information about German proceedings for creditors and courts via the internet (creditor and court information systems) or the certification of our processing routines and documentation of proceedings. We regularly review this in order to guarantee our business partners impeccable quality.

We Lead Companies Through the Crisis

Value retention by continuation of operations, increasing insolvency assets by complete analysis and assertion of insolvency claims: this is our premise. We pursue a clear objective in each proceeding to achieve the best for all parties involved.

Insolvency Administrators Germany

Steffen Beck

Steffen Beck
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Michael Bremen

Michael Bremen
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht, vereidigter Buchprüfer

Torsten Gutmann

Torsten Gutmann
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht, Diplom-Kaufmann

Dr. Christian Kaufmann

Dr. Christian Kaufmann
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Sebastian Laboga

Sebastian Laboga
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht, Steuerberater

Stefan Meyer

Stefan Meyer
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Frank Mößle

Frank Mößle
Diplom-Kaufmann, Steuerberater, Wirtschaftsprüfer

Michael Pluta

Michael Pluta
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht, vereidigter Buchprüfer

Michael Schoor

Michael Schoor
Rechtsanwalt

Dr. Stephan Thiemann

Dr. Stephan Thiemann
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Michael Wahl

Michael Wahl
Rechtsanwalt

Ivo-Meinert Willrodt

Ivo-Meinert Willrodt
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht, Executive M.B.A.-HSG

Fritz Zanker

Fritz Zanker
Rechtsanwalt, Steuerberater

Rainer Bachert

Rainer Bachert
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

PLUTA_Bananyarli_Ilkin

Ilkin Bananyarli
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Daniel Barth

Daniel Barth
Rechtsanwalt, Wirtschaftsmediator (CVM)

Wolfgang Bernhardt

Wolfgang Bernhardt
Rechtsanwalt, Diplom-Kaufmann

Michael Bohnhoff

Michael Bohnhoff
Rechtsanwalt

Frank Brachwitz

Frank Brachwitz
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Dr. Ria Brüninghoff

Dr. Ria Brüninghoff
Rechtsanwältin, Fachanwältin für Insolvenz- und Sanierungsrecht

Holger Christian Buehler

Holger Christian Buehler
Diplom-Wirtschaftsjurist

Christoph Chrobok

Christoph Chrobok
Rechtsanwalt

Stefan Conrads

Stefan Conrads
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Günther Hahn

Günther Hahn
Rechtsanwalt

Christian Heim

Christian Heim
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Christiane Patricia Herweg

Christiane Patricia Herweg
Rechtsanwältin, Fachanwältin für Insolvenz- und Sanierungsrecht

Susanne Hesse

Susanne Hesse
Diplom-Wirtschaftsjuristin (FH)

Stefan Kahnt

Stefan Kahnt
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Sylvia Kalbitzer

Sylvia Kalbitzer
Rechtsanwältin, Fachanwältin für Insolvenz- und Sanierungsrecht

Maximilian König

Maximilian König
Wirtschaftsjurist, Law and economics (M.Sc.)

Dr. Stephan Laubereau

Dr. Stephan Laubereau
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht, Diplom-Kaufmann

Dr. Matthias Lehr

Dr. Matthias Lehr
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Sylvio Lohs

Sylvio Lohs
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Heike Metzger

Heike Metzger
Rechtsanwältin, Fachanwältin für Insolvenz- und Sanierungsrecht

Patrick Meyerle

Patrick Meyerle
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Mirko Möllen

Mirko Möllen
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Dr. Uwe Paul

Dr. Uwe Paul
Rechtsanwalt, Fachanwalt für Steuerrecht

Ulrich Pfeifer

Ulrich Pfeifer
Rechtsanwalt

Michael Reichold

Michael Reichold
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Dr. Ruth Rigol

Dr. Ruth Rigol
Rechtsanwältin, Fachanwältin für Arbeitsrecht, Fachanwältin für Insolvenz- und Sanierungsrecht

Peter Roeger

Peter Roeger
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht, Wirtschaftsjurist

Miriam Rothmund

Miriam Rothmund
Rechtsanwältin

Marlene Scheinert

Marlene Scheinert
Rechtsanwältin

Florian Schiller

Florian Martin Schiller
Rechtsanwalt, Diplom-Jurist, LL.M. (SUN)

Dr. Dieter Schmid

Dr. Dieter Schmid
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Frank Schorisch

Frank Schorisch
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Georg Jakob Stemshorn

Georg Jakob Stemshorn
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht, LL. M. (UvA)

Ingo Thurm

Ingo Thurm
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Christoph Wagner

Christoph Wagner
Rechtsanwalt, Master of Business Administration (MBA)

Dr. André Wehner

Dr. André Wehner
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Reinhard Wünsch

Reinhard Wünsch
Betriebswirt (VWA)

Florian A. Zistler

Florian A. Zistler
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Team Insolvency Administration Germany

Tim Austmeyer

Tim Austmeyer
Diplom-Wirtschaftsjurist (FH), Tax Consultant

Alexander Beiring

Alexander Beiring
Diplom-Wirtschaftsjurist (FH)

Sven Braun

Sven Braun
Rechtsanwalt

Stefanie Breitenströter-Brüggemann

Stefanie Breitenströter-Brüggemann
Rechtsanwältin, Diplom-Rechtspflegerin, LL.M.

Marielle Burgi

Marielle Burgi
Diplom-Betriebswirtin (FH)

Caroline Burmeister

Caroline Burmeister
Wirtschaftsjuristin (LL.B.)

Birgit Colberg

Birgit Colberg
Diplom-Wirtschaftsjuristin, Steuerfachangestellte

PLUTA_Eglinski_Dino

Dino Eglinski
Master of Laws (LL.M.)

Viktoria Fricke

Viktoria Fricke
Rechtsanwältin

Linda Haneke

Linda Haneke
Rechtsanwältin

Stefan Hehlke

Stefan Hehlke
Rechtsanwalt, Fachanwalt für Steuerrecht

Sven Heuser

Sven Heuser
Rechtsanwalt

Christian Hofmann

Christian Hofmann
Diplom-Wirtschaftsjurist

Stefanie Holthausen

Stefanie Holthausen
Fachkraft für Insolvenzverwaltung (DIAI)

Carina Hönle

Carina Hönle
Betriebswirtin (VWA)

Joachim Huber

Joachim Huber
Diplom-Kaufmann, Steuerberater

Sandy Johnson

Sandy Johnson
Wirtschaftsfachwirtin (IHK)

Claudia Junghannß

Claudia Junghannß
Rechtsanwältin

Gerd Kämpfe

Gerd Kämpfe
Diplom-Ingenieur (FH)

Danny Kaufmann

Danny Kaufmann
Wirtschaftsjurist (LL.M.)

Claudia Kiele-Peters

Claudia Kiele-Peters
Rechtsanwältin, Wirtschaftskauffrau

Martin Klee

Martin Klee
Diplom-Kaufmann, Steuerberater

Nicolas Konkel

Nicolas Konkel
Rechtsanwalt, Wholesale and foreign trade clerk – focus on foreign trade

Andrea Langlouis

Andrea Langlouis
Bilanzbuchhalterin (IHK)

Dr. Matthias Lehr

Dr. Matthias Lehr
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Niko Maier

Niko Maier
Rechtsanwalt

Simone Mall

Simone Mall
Bachelor of Laws LL.B.

Philipp Meyer

Philipp Meyer
Rechtsanwalt

Frank Mößle

Frank Mößle
Diplom-Kaufmann, Steuerberater, Wirtschaftsprüfer

Sabine Mößle

Sabine Mößle
Steuerberaterin

Nicole Neumerkel

Nicole Neumerkel
Diplom-Wirtschaftsjuristin (FH), Zertifizierter Restrukturierungs- und Sanierungsexperte (RWS)

Silke Olivo

Silke Olivo
Betriebswirtin (VWA)

Stefan Ordowski

Stefan Ordowski
Betriebswirt (VWA), Controllingbetriebswirt (VWA)

Katrin Planz

Katrin Planz
Fachkraft für Insolvenzverwaltung (DIAI)

Miriam Rothmund

Miriam Rothmund
Rechtsanwältin

Roman Salzer

Roman Salzer
Wirtschaftsjurist, LL.B., Master of Laws (LL.M.)

Ute Sambale

Ute Sambale
Betriebswirtin (VWA)

Norman Scheller

Norman Scheller
BA Honours Business and Law

Jürgen Schendel

Jürgen Schendel
Diplom-Ökonom

Alexandra Schmidt

Alexandra Schmidt
Rechtsanwältin

Rainer Schrabeck

Rainer Schrabeck
Diplom-Kaufmann, Steuerberater

Dieter Schulz

Dieter Schulz
Bankfachwirt

Olaf Schütz

Olaf Schütz
Diplom-Kaufmann

Selina Senf

Selina Senf
Wirtschaftsjuristin (LL.B.), Master of Comparative Business Law (M.C.B.L.)

Manja Senn

Manja Senn
Wirtschaftsjuristin LL.B. (Bachelor of Laws)

Christian Stannelle

Christian Stannelle
Diplom-Kaufmann

Kerstin Strathausen-Fiedler

Kerstin Strathausen-Fiedler
Master of Laws (LL.M.)

Ingo Thurm

Ingo Thurm
Rechtsanwalt, Fachanwalt für Insolvenz- und Sanierungsrecht

Hans Unsöld

Hans Unsöld
Diplom-Ökonom

Maximilian Wanko

Maximilian Wanko
Master of Laws (LL.M.)

Oliver Westkamp

Oliver Westkamp
Rechtsanwalt

Reinhard Wünsch

Reinhard Wünsch
Betriebswirt (VWA)

PLUTA's other fields of activity

Restructuring

In addition to consultation on issues involving labour or company law during restructuring measures and the creation of integrated corporate plans, distressed due diligence reviews and restructuring concepts in accordance with the IDW S6 standard, we also provide support during M&A processes. We offer restructuring consultancy services in the scope of repair and development. We plan, prepare and implement restructuring processes that are optimal for our clients. In other words, we help companies to overcome crises.

We use the resources of the European network of law firms associated with PLUTA and BTG Global Advisory.

More information on Restructuring

Legal Consulting

PLUTA provides comprehensive services in the field of legal issues concerning enterprises, real estates and cash transactions.

We use the resources of international networks of law firms associated with PLUTA and BTG Global Advisory.

More information on Legal Consulting

Insolvency as a Second Chance

In crisis situations, the efforts of management, shareholders and employees are not always sufficient to get a company back on the road to success. Suppliers' patience can also be tried when payments are outstanding for too long. In the event of looming inability to pay at the latest, insolvency is imminent. What was formerly equated with the closure of companies is today also an opportunity for a new start - provided company management considers insolvency as plan “B“ at an early stage.

Debtor-in possession management proceedings, protection proceedings, as well as the planning and monitoring of proceedings by experienced administrators or insolvency administrators, offer additional prospects for creditors and companies. They guide companies competently through crises and ensure the transparent and correct implementation of the insolvency proceedings to the courts. In this way they enable the preservation of companies beyond the crisis.

Our competencies at a glance in Spain

  • Provision of insolvency administrators
  • Continuation of companies/operations in insolvency
  • Assertion of appeals and liability claims
  • Creation of insolvency plans
  • Management of regional, national and cross-border proceedings

Your Main Contact

Xavier García Esteve

Xavier García Esteve
Abogado, Financial Analyst

Cases

Baubranche

Building materials industry

The British CEO of the Spanish subsidiary of an international group of building suppliers commissioned us, because the Spanish company was in financial difficulties. In this situation, our responsibility was to advise the Board of Directors on potential liabilities and minimizing latent risks.

insolvenzverwaltung_spanien_leiterplattenindustrie

Circuit board industry

PLUTA advised the director of the Spanish subsidiary of a German company listed on the German stock exchange. The parent company had been declared insolvent in Germany.

insolvenzverwaltung_spanien_lebensmittelhandel

Food trade

Our client was a chain of grocery stores in expansion throughout Europe and beyond.

Your Requirements

Is your customer insolvent and do you want to achieve an optimal outcome for your claims? Or are you regularly working as a creditor with insolvent debtors and are looking for an insolvency administrator experienced in restructuring? Or are you dealing with insolvency as a judge or judicial officer in a professional capacity and you want to be in direct contact with an insolvency administrator? In the event of such a case, insolvency always means the need to act quickly, to receive the important information directly and to reach the right contact person.

As a creditor, in addition to our service spectrum you will find on our website:

As an employee of a court, you will find an overview of our competencies as well as:

Your Benefit: The best possible Outcome

  • through regional insolvency administrators with legal and business management expertise
  • through international connected teams with multiple qualifications
  • through the use of proven and certified proceedings
  • through experience from hundreds of successfully completed proceedings

Our Expertise

The management of insolvent companies is PLUTA's core competence. For more than 30 years, we have complied with relevant laws and jurisdictions.

An intensive confrontation with the ever-changing economic and legal frameworks of the various sectors is obligatory for us to achieve the best possible result for all parties involved in the proceedings.

Awards / Listings

  • Acquisition International Global Excellence Awards 2018 – Best Insolvency Administration Services Provider - Spain
  • GRR 100 2018

Our Quality

PLUTA has experienced insolvency administrators working for them in central and southern Europe with many years of experience of handling corporate insolvencies. Our administrators and their teams, with their knowledge and skills, make a decisive contribution to balancing claims from creditors, compensating consumers and enabling the economic survival of companies.

Our insolvency administrators are anchored in the regions and contribute multiple qualifications, business-fluent foreign language skills and international contacts to the settlement of their proceedings. Continuing education is the prerequisite for us to fulfil the aspiration of the optimal combination of theory and practice. At PLUTA, talented new recruits will be carefully prepared for their work as administrators and will be coached by experienced administrators.

In this way, for each proceedings we guarantee the implementation of our high standard of service and quality - regardless of whether we are dealing with telephone availability via our service numbers, handling of proceedings according to the specifications of the individual courts, or providing procedural information about German proceedings for creditors and courts via the internet (creditor and court information systems) or the certification of our processing routines and documentation of proceedings. We regularly review this in order to guarantee our business partners impeccable quality.

We Lead Companies Through the Crisis

Value retention by continuation of operations, increasing insolvency assets by complete analysis and assertion of insolvency claims: this is our premise. We pursue a clear objective in each proceeding to achieve the best for all parties involved.

Team Insolvency Administration Spain

Nuria Keller

Nuria Keller
Abogada, Business economist