Reorganization, Insolvency, Liquidation

Ellex Klavins has sound knowledge and a lot of experience to help clients with the best available options when financial distress arises. Our team advises on all aspects of financial and operational reorganization, liquidation and insolvency matters. We assist our clients in evaluating their situations and advise on the best course of action considering all options to revitalize business or take the difficult decision to terminate operations.
In the case of a company liquidation, Ellex Klavins will prepare all the necessary documents to register the liquidation of a company with the Commercial Register. At the client’s choice, our law firm will provide an experienced liquidator candidate from among the lawyers, who will carry out all daily liquidation activities, and who will ensure that the company is successfully and in the shortest possible time excluded from the Commercial Register as required by law.
If necessary, we will recommend good accounting service providers, with whom we have had successful long-term cooperation, and who will help with accounting reports and communication with tax authorities.

Key contacts

Māris Brizgo

Associate Partner

Corporate and M&A
Head of Public Procurement Practice

Key projects in the field

We have represented various major companies in relation reorganization, insolvency and liquidation related matters
Ellex Klavins has advised clients such as Tata Steel, Swegon, Skywind, Teva Pharmaceutical Industries, Mepha, Morgan Advanced Materials, GE Money, Fashion Days Group and others on reorganization, insolvency and liquidation related matters.