In the current economic environment, companies often face financial difficulties. KNP LAW counsels clients to find the best solution if they face insolvency or wish to enforce their rights as creditors in bankruptcy situations. Our attorneys have extensive knowledge and experience in liquidation and reorganization- related litigation.
Members of KNP LAW have given presentations at several international conferences on EU cross-border insolvency issues and insolvency proceedings in the CEE region. Our Managing Partner advised the Hungarian government at the time of the preparation of the first post-political transition bankruptcy code in the early 1990s.
In addition to theory, KNP LAW attorneys prove day after day their practical expertise representing creditors in different insolvency proceedings and businesses seeking to avoid financial disasters by opting for restructuring or other solutions. Our diverse insolvency, restructuring, and reorganization clientele includes, among others, leading market Hungarian and international financial institutions and financial investors, international educational services providers, as well as manufacturing, energy, pharmaceutical, media and entertainment, and telecommunications companies from the US, Canada, and various European countries.