Company nearly bankrupt in Spain
\nA changing market, falling demand or too low a profit margin? There are dozens of reasons why a company can go bankrupt.<\/p>\n
For example, thousands of companies that saw their turnover (largely) disappear got through the coronapandemic with the help of government aid.<\/p>\n
We are now seeing a slowing of the bankruptcy curve or who wants to sell their business quickly?<\/p>\n
Some entrepreneurs decide to make a fresh start after bankruptcy, which can be a type of business takeover.<\/p>\n
What is it exactly and how can you realise it? Make an appointment with our specialists.<\/p>\n
What is a relaunch?<\/p>\n
A restart of your company means that you continue a part of or your entire company after bankruptcy.<\/p>\n
This often results in a lack of understanding from employees and creditors, because why should your company go bankrupt?<\/p>\n
Surely your employees will be left out in the cold?<\/p>\n
If your company goes bankrupt, a receiver comes into the picture.<\/p>\n
He or she ensures a smooth handling of the bankruptcy.<\/p>\n
Among other things, the trustee looks after the interests of the creditors.<\/p>\n
For this purpose, he wants to realise the highest possible proceeds from the company.<\/p>\n
Experience shows that the proceeds of a restart are often higher than in a bankruptcy without a restart.<\/p>\n
In addition, it is often possible for some employees to return to work, so that these interests are also taken care of.<\/p>\n
When do you make a restart?<\/p>\n
You can only make a restart as a legal entity, such as an NV or an SL (U), and you have to expressly state your wish for a restart during our consultation.<\/p>\n
As a sole proprietorship, where you are personally liable in the event of bankruptcy, a restart is more difficult, but it is possible.<\/p>\n
If a part of or the entire organisation still has sufficient prospects for the future, but the bankruptcy is a fact due to unfortunate circumstances, you often have the option of a clean slate. We have the right people for this.<\/p>\n
What should you pay attention to in a restart?<\/p>\n
Look before you leap.<\/p>\n
Bankruptcy is filed for because your company can no longer keep its head above water due to structural problems.<\/p>\n
If you are considering a restart, then we will tackle these structural problems directly and drastically, because a restart does not solve these problems in one go.<\/p>\n
A technical bankruptcy gives entrepreneurs the opportunity to restart a new company without the ongoing labour contracts.<\/p>\n
If you want to restart part of your business without bankruptcy, then you are legally obliged to transfer existing employment contracts to your new company.<\/p>\n
What you should definitely not do in a restart<\/p>\n
Do not play hide-and-seek.<\/p>\n
Inform your employees, customers and suppliers and tell them the truth, however difficult that may be.<\/p>\n
And also tell them what you intend to improve during the relaunch.<\/p>\n
This way, you ensure that you take responsibility for your actions and it also inspires confidence in your commitment and way of working.<\/p>\n
If you can see your bankruptcy coming well in advance and you are keen on a relaunch, don’t hesitate to make an appointment, better to do it too early than too late.<\/p>\n
Otherwise, you run the risk of a conflict of interests between the old and the new company and this can cause a lot of trouble.<\/p>\n
Buying a company out of bankruptcy<\/p>\n
If a company is eventually declared bankrupt, then it is possible for investors to buy such a company. Buying a company out of bankruptcy requires a specific approach. You can buy the bankruptcy estate, buy part of the estate at auction or buy the entire company from the trustee.<\/p>\n
Why should you buy a bankrupt company?<\/p>\n
A company has gone bankrupt for a reason.<\/p>\n
But opinions are divided on this. A company can have very good prospects for the future, but due to mismanagement or strangling contracts, it is inevitably heading for bankruptcy.<\/p>\n
Sometimes it pays to buy a bankrupt company and to restart it under a fresh new name.<\/p>\n
Or perhaps the company’s inventory is perfect for expanding your own business.<\/p>\n
We do thorough research before you decide to buy a bankrupt company.<\/p>\n
Obtaining legal advice is not an unnecessary luxury. Make an appointment before 10 past 12!<\/p>\n
We do all business acquisitions, make an appointment with one of our specialists.<\/p>\n","protected":false},"excerpt":{"rendered":"
Company nearly bankrupt in Spain A changing market, falling demand or too low a profit margin? There are dozens of reasons why a company can go bankrupt. For example, thousands of companies that saw their turnover (largely) disappear got through the coronapandemic with the help of government aid. We are now seeing a slowing of […]<\/p>\n","protected":false},"author":5,"featured_media":23964,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[111,1],"tags":[643,644],"class_list":["post-23961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artikel-spanje","category-article","tag-faillissement-en","tag-faillissement-doorstart-en"],"_links":{"self":[{"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/posts\/23961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/comments?post=23961"}],"version-history":[{"count":3,"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/posts\/23961\/revisions"}],"predecessor-version":[{"id":23972,"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/posts\/23961\/revisions\/23972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/media\/23964"}],"wp:attachment":[{"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/media?parent=23961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/categories?post=23961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/horeca-spanje.com\/en\/wp-json\/wp\/v2\/tags?post=23961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}