Extrajudicial reorganization consists of giving the debtor businessman a chance to negotiate and settle his debts with his creditors without the need to resort to court proceedings, representing, therefore, a first attempt at an amicable solution to his debts.
If out-of-court reorganization is not possible, judicial reorganization represents an alternative that, however, may be converted into bankruptcy, once the beneficiary of the legal favor – company or individual entrepreneur, some of the obligations provided for by law or defined by the judge in the specific case are not complied with. to your analysis.
In addition to those already mentioned, the current Bankruptcy and Judicial Reorganization Law promoted a series of changes in the matter that certainly provide a more optimistic scenario, especially for companies that, although in crisis, still have significant potential for the development of their activities.
Unlike the old legislation, the current Bankruptcy Law seeks to preserve the company’s social function within its operating environment, promoting the continuity of its activity and the maintenance of jobs with the least possible damage to creditors’ rights.
The Office MCK Advogados, in view of its strong performance in the business field, has a team of professionals specialized in providing legal advice to companies that, despite the momentary situation of difficulty, are still able to reenter the market.
The Office has the necessary expertise to provide advice throughout the judicial reorganization process, whether in defending the interests of the company under reorganization, acting in favor of creditors, or even in providing advice to the judicially appointed administrator.
The office’s provision of services in this area includes, among others, consultancy and legal assistance in:
Belo Horizonte - MG
+55 (31) 98355-3471
Rua Paraíba, 550
CEP: 30130-140VER MAPA
São Paulo - SP
+55 (11) 91367-8813
Av. Brig. Faria Lima, 3144
CEP: 01451-000VER MAPA