Crisis and insolvencies

Experts in business crises and insolvencies.

Advising on business crises and insolvencies plays a crucial role in managing financial difficulties, as the strategy for continuing or closing the business depends on the initial analysis of the company’s situation.

Adapting to new regulations, managing liquidity, and seeking innovative solutions are imperative for business survival and recovery in the current crisis context.

Furthermore, a company’s legal and tax obligations during financial difficulties may lead to liability claims if regulatory procedures are not followed.

In Spain, the main law governing restructuring and insolvency procedures is the Royal Legislative Decree 1/2020, of May 5, which approves the consolidated text of the Insolvency Act.

If your company is facing economic challenges or anticipates them, we assist in planning the most suitable strategy to ensure compliance with your legal obligations and mitigate future claims.

How can we help you?

Below you will find the most commonly provided services in this area:

Dissolution and liquidation of companies.

The dissolution and liquidation of a company involves the formal conclusion of its operations and the distribution of assets among creditors and shareholders as stipulated by law. This process is crucial to properly close the entity and comply with all corresponding legal and tax obligations.

At Nomoi, we assist you in closing your company, advising on the formalization of the necessary private and public documents to extinguish the business.

Insolvency proceedings.

If the company cannot meet its payment obligations, it is necessary to resort to the judicial insolvency procedure.

We prepare all necessary documentation to ensure compliance with legal requirements and ensure the success of the process.

Restructuring.

Corporate restructuring involves adopting operational, organizational, and financial measures to improve the business’s situation amid financial difficulties.

Our team helps you design a restructuring plan to transform your company and enhance its operations.

“Second chance”.

The second chance procedure is designed for consumers and self-employed individuals to free themselves from debts, provided certain requirements are met.

If you are insolvent and unable to meet your debts, we assist in preparing your personal insolvency proceedings to successfully obtain debt relief.

Others.