Corporate Bankruptcy

Law on Enterprise Bankruptcy of the Republic of Lithuania specifies that “Enterprise in bankruptcy” means an enterprise against which bankruptcy proceedings have been initiated or in respect of which extrajudicial bankruptcy procedures are applied,” and “Bankruptcy” means the state of an insolvent enterprise where bankruptcy proceedings have been initiated against the enterprise in court or the creditors are performing extrajudicial bankruptcy procedures in the enterprise.”
Bankruptcy legal services provided by ŽVR Law Firm:

• Initiation of bankruptcy proceedings;
• Representation in bankruptcy proceedings, creditors and committee meetings.