Insolvency Law –
Strategic Guidance in Critical Situations
Your co-pilot in insolvency law
Mag. Nevena Shotekova-Zöchling
Attorney in Vienna · 16 years of legal practice · Insolvency law · Member of INSOL Europe and ULI
You keep the controls and make the decisions. We sit beside you in the cockpit, know the route and the instruments – and when it gets turbulent, we take over.
Insolvency – we know the proceedings from the inside.
As a firm with a court-appointed insolvency administrator, we know how courts, administrators and creditors’ committees decide. We use this perspective for you.
The creditor package
- Review of your claim and your securities
- Filing your claim in the insolvency proceedings
- Representation at the claims examination hearing
- Ongoing updates on the status of the proceedings
You don’t just file – you position yourself.
In addition: defence against avoidance claims by the insolvency administrator. For many suppliers and service providers it comes as a shock when they are asked to repay payments received. We check whether the claim is justified.
The crisis check
In the event of illiquidity, the insolvency petition must be filed without culpable delay, at the latest within 60 days. Acting too late means personal liability.
- Liquidity and over-indebtedness
- Personal liability risks
- Your options: restructuring proceedings, bankruptcy proceedings or an out-of-court solution
- Preparation and support throughout the proceedings
Why the administrator’s perspective matters
From our work as insolvency administrator we know which arguments carry weight in the proceedings – and which do not. You receive a realistic assessment instead of hope, and a strategy that works in the proceedings.
Frequently asked questions
Do I have to file for insolvency now?
That depends on whether there is illiquidity or over-indebtedness within the meaning of insolvency law. We review this with you – at short notice if a deadline is running.
What happens to my claim?
It must be filed in the proceedings. How much you receive depends on the quota and your securities. We check how you can position yourself in the best possible way.
The insolvency administrator is demanding money back – what now?
Not every avoidance claim is justified. Have the claim reviewed before you pay or let deadlines pass.
Am I personally liable as managing director?
That may be the case, for example if the petition is filed late or if taxes and social security contributions have not been paid. An early review limits the risk.
Confidential initial consultation
At short notice if deadlines are running.
Book a consultation+43 1 34 601 71office@advokat-wien.at