Kinkin & Partners offers clients legal assistance in all matters related to the termination of the activities of the companies in which they have an interest. The law firm assists in the implementation of the various procedures that are part of the liquidation of traders. These include recovery for transactions in which traders took part, fulfillment of obligations under them and settling of relations with counterparties on the repayment of public debt, liquidation and distribution of accumulated assets between partners or shareholders, deletion of legal persons from public records and others.
Kinkin & Partners offers the following services related to Liquidation and Insolvency:
• preparation of all corporate documents required to start the liquidation procedure;
• convening and holding of general meetings for members or shareholders; advice on key issues related to the optimization of the liquidation that need to be ruled by the General Assembly; attendance at meetings;
• selection and appointment of liquidator(s), advice regarding the activities of the liquidator, document preparation, participation in meetings;
• coordination in the preparation and presentation of financial statements and other documents to the competent authorities, including the trade register, tax authorities and others;
• advices on all transactions and activities related with the realization of assets of the firm, recovery, performance of duties and allocation of collected funds between partners or shareholders;
• advice related to the relationship among the partners or shareholders, preparation of agreements to control the implementation of the agreements etc.;
• preparation and submission of required documents for deletion dealer of all registers.
Kinkin & Partners specializes also in commercial bankruptcy. The Kinkin & Partners team provides legal representation and advices to Bulgarian and foreign clients when they participate in the process of filing for bankruptcy. Our team includes attorneys who are registered in the list of trustees approved by the Minister of Justice.
Kinkin & Partners has experience in consulting all parties of a bankruptcy proceedings - insolvent traders, their creditors or third parties. The services we offer in the field of commercial bankruptcy include:
• preliminary analysis of the legal and financial situation of the debtor and preparation of concrete proposals for future action;
• preparation of legal documents needed for the commencement of the insolvency proceedings;
• advice during all stages of bankruptcy;
• legal representation in court, attendance at hearings, appeals of judicial decisions, etc.;
• interaction with the appointed trustee;
• actions to secure the claims and interests of the client in cases where the client is in the position of creditor; claim of receipts; formation and representation in proceedings for annulment of the cases and transactions of the debtor that are detrimental to the interests of creditors;
• participation in negotiations with the purpose to resolve the relationship between the parties, participating in the bankruptcy; advice regarding the preparation of a recovery plan or distribution of the collected property;
• monitoring the implementation of the recovery plan or the conditions of allocation of the collected property.
