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Insolvency Plan Procedure: PKL and PASCHEN begin cooperation

The Insolvency Plan Procedure gives creditors of bankrupt companies the chance to participate actively in the procedure and to compensate for the loss of receivables. Taking part in an Insolvency Plan Procedure can retrieve a company from bankruptcy and secure a commercial consumer in the long term.

PASCHEN Rechtsanwälte are professional representatives of creditor interests and were therefore, especially in the light of the current financial crisis, interested in working with an adept specialist in insolvency law. This specialist was discovered in PKL Keller Spies Partnerschaft, whose lawyers are not only experienced in insolvency procedures but are especially successful in conducting Insolvency Plan Procedures to financially reorganise bankrupt companies.

Both partners will work together in configuring and implementing Insolvency Plan Procedures in future.