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Vassilev & Partners Launches Insolvency Solutions Practice

Vassilev & Partners Launches Insolvency Solutions Practice

Bulgaria
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Vassilev & Partners has expanded its services by providing advice to companies in financial difficulty, as well as those that have been declared insolvent and those experiencing difficulty collecting receivables from insolvent debtors.

Attorney Konstantin Vassilev was approved as an insolvency administrator by the Bulgarian Ministry of Justice and has been included in the list of the persons who may be appointed as insolvency administrators in insolvency proceedings.

According to Vassilev & Partners, the firm now assists with the winding-up and liquidation of trade companies and non-profit organizations, the opening of insolvency proceedings of insolvent entities, restoring the assets of an insolvent estate, lodging of claims against deals that decrease the insolvent estate, restructuring insolvent enterprises, and the encashment of assets.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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