Bankruptcy and Insolvency
The firm of Woolfson Weinstein & Co. has garnered extensive experience in representing companies and individuals, creditors and debtors in all bankruptcy and insolvency proceedings.
Attorneys in the Bankruptcy and Insolvency Department frequently are appointed as liquidators of companies and trustees of individuals by the courts.
The firm counsels companies and individuals on preventive measures to avoid bankruptcy and insolvency, as well as to make advance preparations ahead of bankruptcy and insolvency proceedings.
The firm provides counsel to employees from the earliest stages of insolvency proceedings and throughout the process: from stay of proceedings, liquidation, receivership, etc., to representation in court, negotiating on the client’s behalf, representing employees during creditors arrangement proceedings, submitting debt claims to the appointed officer and to the National Insurance Institute, through the conclusion of the proceedings and the receipt of the payment to which the client is entitled.
The firm also advises corporate officers in companies facing financial difficulties with regard to officer and director liability and optimal defense strategy in order to ensure the rights of those individuals, thereby minimizing their potential personal liability.
Woolfson Weinstein & Co. is a full partner in providing counsel with respect to creditor arrangements, both when representing creditors and when representing a company or a debtor who is in bankruptcy or insolvency.
In addition ,in this area of practice, our firm ranked in Israel as one of the outstanding law firms in the country, according to Dun & Bradstreet.