Our firm, which has lawyers with expertise in labour and insolvency law, is involved in various proceedings related to insolvency and insolvency-related matters.
Currently, among others, we can highlight the advice to a group of companies, in which it has been necessary to file for voluntary insolvency proceedings of the two companies that make up the business group.
Once the application was admitted, the insolvency administrator was appointed and is carrying out all the tasks and obligations provided for in the Insolvency Act.
Prior to the filing of the lawsuit, an employment regulation file was presented to terminate the employment contracts of those workers who were not necessary given the imminent filing of the insolvency proceedings. The proceedings concluded with an agreement, although it has not been possible to pay the compensation, so the workers will have to claim it from the Wage Guarantee Fund.
At present, and in order to avoid a possible liability of the Company Administrators, it is necessary that those companies that are in a situation of insolvency adopt the necessary measures, among which is the filing of the insolvency proceedings.
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