Insolvency and Restructuring

When things go wrong, we can help to set the situation straight. From payment issues, international recovery to financial and operational restructuring, we support your company by balancing the legal, commercial and strategic risks when it comes to insolvency issues.

We look at the ‘bigger picture’ for the best possible outcome

Disputes between parties, management buyouts, changes in ownership, rising costs and uncertain financial times can all trigger insolvency issues and the need to restructure. Or perhaps you are on the other side and are looking at issues like international debt recovery?

Our experts look at the ‘bigger picture’ to find the best possible outcome for all types of insolvency-related issues from debt restructuring and debt recovery to obtaining protection against creditors, final negotiation or litigation.

How we can help

Safeguarding

the continuation of their activities, we are helping clients reorganize through out-of-court restructuring or by requesting protection from creditors, drafting, negotiating and implementing a reorganisation plan

Analysing

and improving creditors’ positions regarding guarantees and securities

Defending

clients’ interests when business partners are bankrupt, on the verge of insolvency or are applying for judicial protection against their creditors

Obtaining

judicial protection, whether in the framework of the Belgian Economic Code (Book XX) or through the recognition of foreign protective court orders

Recovering

(un)secured claims or unpaid goods from companies under judicial protection or bankrupt companies

Taking

over the assets of businesses as a going concern from companies that are under judicial protection

For more information

Our Experts in
Insolvency and Restructuring Law

  • Marie Brasseur

    Partner

  • Alexander Hansebout

    Partner

  • Bart Heynickx

    Partner

Our latest insolvency & restructuring news

November 30, 2022

Heiploeg’s impact on Belgian insolvency law

The European Court of Justice’s (“ECJ”) Plessers judgment seemed to cause a serious threat for the applicability of the Belgian reorganisation procedure by transfer under judicial supervision, and the right of the interested buyer of the debtor’s activities to choose which particular employees it would take over. But, in the end, it has turned out to be “much ado about nothing”.

Read more
December 17, 2021

No automatic liability for directors who do not ring the alarm bell

On 16 September 2021, the Antwerp Court of Appeal ruled on the liability of the directors of a company that did not respect the so-called ‘alarm bell procedure’.

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March 04, 2020

Limits to privileged claims

A company (debtor) involved in reorganisation proceedings is in principle not protected against new claims that originate after the reorganisation proceedings have been opened.

Read more

Brussels Finest Lawyers

At ALTIUS, we look at your business from two different angles: legal
practice and industry sector. Our teams of specialised lawyers are
additionally grouped into dedicated, cross-specialty, industry-focused
teams. Whether you are looking for a dedicated legal specialist or a
team of industry insiders, at ALTIUS, we got your legal issue covered.

Choosing ALTIUS
as your Legal Partner
means…

At ALTIUS, we believe business is always personal. That’s why we’re so much more than just great lawyers; we are team players and relationship builders. Combining legal excellence with passion, optimism, and good judgement, we bring a fresh perspective and genuine commitment. Whatever your legal challenges, we think in new ways and find innovative solutions.

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