The numbers have turned, creditors are moving, and every week narrows the options. We advise companies, creditors, and directors in Albanian distress and insolvency situations — moving early to protect value, contain personal exposure, and keep the best outcomes open while they still exist.
In distress the sequence of steps can matter as much as the steps themselves — a payment, a filing, or a security taken at the wrong moment can be unwound or create liability. We map the path before it is walked, coordinating the legal and tax picture.
What we advise on.
Restructuring & workouts
We negotiate consensual solutions with creditors — standstills, rescheduling, and restructurings — that avoid formal proceedings where possible. A deal reached out of court usually preserves more value than one imposed in it.
Directors' duties
We advise boards on their duties as insolvency approaches, when the balance of obligation shifts toward creditors. Clear advice here protects directors from personal exposure.
Creditor rights
We advise creditors on protecting and enforcing their position, including security, set-off, and priority. In an insolvency, position and timing determine recovery.
Formal insolvency
We advise on reorganization and liquidation under the Bankruptcy Law, representing companies, creditors, or administrators. We manage the process toward the best available outcome.
Distressed acquisitions
We act for buyers of assets or businesses out of difficulty, addressing the particular risks of a distressed purchase. Speed and certainty of title are the priorities.
Security enforcement
We enforce security and pursue recovery in the correct order and forum. Method and sequence frequently decide how much is realized.
How we work with you.
We act quickly and realistically, giving you an unvarnished view of the position and the options while there is still room to act. Because the same team sees the legal and tax picture at once, the plan holds together.
A senior lawyer leads and coordinates the specialists a distressed situation demands, so nothing falls between advisers at exactly the moment it cannot afford to. You get decisive advice and a clear sequence of steps.
Your company is under financial pressure and needs a plan.
You are a creditor protecting your position in a distressed situation.
You are a director navigating your duties as insolvency looms.
Insolvency is governed by Law No. 110/2016 "On Bankruptcy", which provides for both reorganization and liquidation and sets out the duties of directors and the powers of the insolvency administrator. The timing of a filing, the treatment of transactions entered into before insolvency, and the ranking of creditors are all determined by that law, and we advise on each as a company approaches insolvency.
Discuss a legal matter.
Describe the situation in a few lines; a senior advisor will come back to you within one business day.
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