Insolvency, Workout, Restructuring, Bankruptcy

Administration of property and inheritance law

• comprehensive advisory services in connection with the effective administration and maintenance of property, including decisions on its fate after the death of the owner, trusts, etc.
• drafting a last will and testament, disinheritance and other documentation (in this CEAG cooperates with the foremost Prague notaries)
• establishing the administration of the estate
• representation in inheritance proceedings before notaries and in disputes over inheritance (challenging the validity of the last will and testament)

Inheritance proceedings can last months, even years. Since 1 January 2005, the institute of administrating estates has gained a new form whereby one may select who will be the administrator of his estate during the inheritance proceedings (with the person’s agreement) after his death. This includes leasing, maintaining, and with the agreement of the court, even selling the property. In this way, the property does not lie idle or go to ruin, as has often happened, while the estate is being settled.

Insolvency

• impending bankruptcy and its solution
• representation during insolvency proceedings
• insolvency administration services
• bankruptcy, reorganization and discharge from debts

CEAG offers support both to the bankrupt or creditors during insolvency proceedings. Considering that the member of CEAG responsible for tackling questions of insolvency is also a certified insolvency administrator, CEAG can offer its clients the most up-to-date knowledge and expertise from all angles of insolvency proceedings.

Administrating outstanding receivables/claims

• judging the outstanding receivables with an eye on the probability of success in the dispute prior to court action
• maintaining a portfolio of outstanding receivables and ensuring their sale or invoicing
• representing clients in all proceedings (civil, criminal and administrative) connected with pursuing the claims and debt collection
• outstanding receivables, standardized and individual

CEAG provides comprehensive advisory services in the area of outstanding receivables/claims, whether they be large volume standardized receivables (claims of banking institutions, suppliers, and distributors) or individual claims (from transactional agreements, development, etc.).

Representation in proceedings

• civil proceedings (including enforcement and executory operational proceedings)
• administrative jurisdiction
• constitutional jurisdiction
• arbitration proceedings
• criminal proceedings
• administrative proceedings before public authorities