The current economic situation means that many businesses are being forced to take stock of their situation. Are you prepared for more difficult times? Or are things already tough for you? The specialists at AKD are ready to support you in various legal fields, with appropriate advice and practical tools.
Scrutinise your organisation: know your
risks!
The lawyers and notaries at AKD can screen your organisation and
identify existing or potential risks for you. It is recommended
that you gain a realistic picture of the different potential
liabilities to which your organisation is exposed, or even you
personally, if you are a director, and to take appropriate action
where necessary. You should also examine your intra-group
agreements. Are they legally watertight?
What about the financial aspects? Do you have a bank loan, are you
on the point of refinancing loans or are you thinking of taking out
a new loan? In the current market, banks and other financiers will
in any event review your (company) situation critically, and the
conditions of their loans could have unfavourable implications for
your company. What about your securities? You will read here
what our specialists can do for you.
Restructuring and co-responsibility
It is extremely important in any restructuring that
employment contracts are terminated quickly and
cost-efficiently. The Labour Law group has developed the 'ReQuiRe' tool, which
facilitates fast and responsible restructuring with economical,
fixed-term price agreements.
A special working group has also been established to focus on
co-responsibility and everything it involves. Our specialists
support both business and works councils during this often complex
process.