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Home/Articles/Selling an industrial asset in bankruptcy proceedings Selling an industrial asset in bankruptcy proceedings is a complex process, governed mainly by Law no. 85/2014 but also touching on the Civil Procedure Code and a number of other statutes. This article walks through the stages of the procedure, from the inventory to the obligations that remain… Continue reading Selling an industrial asset in bankruptcy proceedings
Home/Articles/Dissolution and liquidation of companies (Law 31/1990) The phrase "voluntary liquidation" in fact covers a wide range of situations, not all of which begin with a decision of the shareholders. They all lead to the same outcome, however: the disappearance of the entity that has been dissolved and has entered liquidation. This article walks through… Continue reading Dissolution and liquidation of companies (Law 31/1990)
Home/Articles/Dissolution and liquidation of associations and foundations The dissolution and liquidation of an association or foundation is a less familiar procedure than the liquidation of a company, although its rules are in some respects stricter. The most important one: assets remaining after liquidation can never pass to a natural person. This article walks through the… Continue reading Dissolution and liquidation of associations and foundations