Criminal insolvency law

Another main area at LIVONIUS Rechtsanwälte is that of Criminal Insolvency Law.

In the case of insolvency, it is not only the rehabilitation or liquidation of companies that is difficult. Instead, board members and management are subject to diverse obligations that are to be observed in a company crisis, such as the insolvency application. Investigations concerning suspicions of delayed filing for insolvency are not uncommon. In addition to that, corporate actions and decisions can be of criminal relevance in the case of insolvency offences (diversion of assets or profits, thwarting enforcement proceedings, etc.) or embezzlement.