Continued operation as a going concern


Keeping your business trading with positive results through practical, hands-on management.

When working with businesses that continue trading in insolvency, FalkenSteg will support the insolvency administration process by appointing an interim manager experienced in insolvency. This manager will always bear the details of insolvency law in mind while helping to run the business while implementing strategic and operational decisions for the insolvency administration process.

We can pave the way for successful transfer solutions in insolvency – especially through asset deals – by ensuring close, trusting communication that is responsive to investors’ needs and by having our experienced insolvency experts properly prepare the relevant company information. In addition, FalkenSteg will help you to navigate the insolvency proceedings. For instance, we can assist you with preparing the annual financial statements, assume responsibility for accounting in compliance with insolvency law and help with billing in relation to going-concern and production-wind-down agreements.

Our services

  • Continuing business operations
  • Implementing special processes for insolvency and business administration
  • Handling communication with suppliers, creditors and customers

How you stand to benefit

  • Receive support to keep your business trading
  • Simplify your company’s workload by having FalkenSteg ensure a smoothly run insolvency process
  • Reduce the effort and expense devoted to communication activities

Projects

Leisure Cargo

Execution
via debtor-in-possession management

Eigenverwaltung

Dec 2018 - Aug 2019

Giesserei Albbruck

Execution
within the standard insolvency proceedings

Continued operation

Foundry
Jul 2018 - May 2019

Contact partners

Markus Tränkle

Partner
  • T: +49 211 54 76 63 15
  • M: +49 173 30 44 721
  • markus.traenkle@falkensteg.com

Sebastian Wilde

Partner
  • T: +49 211 54 76 63 12
  • M: +49 173 92 39 453
  • sebastian.wilde@falkensteg.com

Wolfram Lenzen

Partner
  • T: +49 211 54 76 63 18
  • M: +49 173 72 56 554
  • wolfram.lenzen@falkensteg.com

Further Insolvency advisory services