Insolvency & Restructuring

At WTS Slovenia, we provide legal support to companies, creditors, shareholders, and management in financial distress, restructuring, and insolvency matters. We advise clients on proceedings under the Slovenian Financial Operations, Insolvency Proceedings and Compulsory Dissolution Act (ZFPPIPP).

Our services cover the assessment of financial distress, compulsory settlement proceedings, bankruptcy proceedings, creditor representation, and related corporate, tax, and financial matters. We help clients select an appropriate course of action while protecting their interests and ensuring compliance with statutory obligations.

Financial Distress Assessment and Restructuring

We assist companies in assessing insolvency risks and available restructuring options. Our support includes reviewing financial and legal circumstances, identifying management obligations, and coordinating measures aimed at restoring the company’s solvency and long-term viability.

Compulsory Settlement Proceedings

We advise debtors, creditors, shareholders, and investors in compulsory settlement proceedings (prisilna poravnava). We assist with preparing and reviewing restructuring proposals, debt repayment arrangements, capital measures, required documentation, and submissions to the competent court.

Bankruptcy Proceedings

We provide legal support in corporate and personal bankruptcy proceedings (stečaj). Our services include preparing proposals for the commencement of bankruptcy proceedings, filing creditors’ claims, reviewing disputed claims, and representing clients in matters arising during the proceedings.

Creditor Representation

We help creditors protect and enforce their rights in restructuring and insolvency proceedings. This includes the timely registration of claims and security interests, reviewing the debtor’s proposals, exercising voting rights, and challenging actions that may adversely affect creditors.

Management Duties and Liability

We advise directors and other members of management on their duties when a company faces financial distress or insolvency. Our support focuses on timely action, compliance with local legislation (ZFPPIPP), risk management, and the prevention or limitation of potential personal liability.

Tax and Financial Support

Insolvency proceedings often involve complex tax, accounting, and financial consequences. Our integrated team assesses these implications and supports clients with financial analysis, reporting, debt restructuring, and the tax treatment of proposed measures.

Our Insolvency and Restructuring Services include:

• Assessment of insolvency and financial distress
• Advice on obligations under ZFPPIPP
• Compulsory settlement proceedings (prisilna poravnava)
• Bankruptcy proceedings (stečaj)
• Preventive and out-of-court restructuring
• Preparation and review of restructuring plans
• Debt restructuring and repayment arrangements
• Filing and review of creditors’ claims
• Registration of separation and exclusion rights
• Representation of debtors and creditors
• Advice on creditor voting and decision-making
• Advice to directors on statutory duties and liability
• Challenges to the debtor’s legal acts
• Tax and accounting support during restructuring
• Coordination with insolvency administrators, courts, creditors, and financial advisers
• Advice on acquisitions of distressed businesses and assets
• Corporate dissolution and deletion procedures