Liquidations

In recent years, fast liquidations have become popular due to their perceived simplicity and speed compared to traditional liquidation processes. While this is partially true, what many don’t realize is that before a fast liquidation can occur, much of the work typically handled by a liquidator in a traditional liquidation must instead be carried out by the company’s authorized signatories. This includes terminating all subscriptions, agreements, accounts, and more. Once these tasks are completed, the only remaining steps are to notify any unknown creditors and present the final settlement documents at the company’s general meeting.

For those who prefer to avoid this workload, an alternative is to place the company into liquidation and appoint me as the liquidator. In this role, I become the company’s authorized signatory, taking responsibility for independently terminating all accounts and agreements.

Throughout my career, I have undertaken numerous assignments as a liquidator. These have included both compulsory liquidations, sometimes involving ongoing business operations, and several voluntary liquidations of limited companies and even an economic association. As a result, I have extensive experience with the various issues that may arise during a liquidation.

Please do not hesitate to contact me for more information.