Insolvency law has developed into a complex field of law.

Fiscal law, corporate law, criminal law, the law of obligations, enforcement proceedings law, social law and even labour law also play an important role here.

It is difficult for both debtors and creditors to keep track here and to always keep an eye on what might play a role or which consequences an action may result in.

To safely guide debtors and creditors through this jungle is the duty of a good lawyer specialising in insolvency law.

Lawyer Michael Depel has represented both creditors and debtors in insolvency law-related issues for more than 25 years. For many companies he initially represented exclusively in labour law, he developed strategies for avoiding insolvency or also for asserting creditor interests over the course of the consultation.

The conflicting relationship between creditor protection on the one hand and the desire to also help the debtor to the extent still possible is among the most difficult objectives of insolvency law-related legislation.

Often, everything is at stake, and it is therefore important to seek advice at the earliest possible stage. In the meantime, there are various options to still avoid insolvency proceedings even in difficult situations and to accomplish reorganisation.

However, also in regular insolvency proceedings, a lot of damage can be avoided for all parties involved by means of self-administration, an insolvency plan, or a joint systematic implementation of the proceedings.

Lawyer Michael Depel represents consumers, entrepreneurs, banks, creditors, debtors – and thus also all natural persons and legal entities involved in insolvency proceedings. Also in the attainment of a discharge of residual debt, Lawyer Depel has frequently rendered advisory services.

The company acquisition of insolvent companies is also part of the counselling priorities.

Lawyer Depel also assists clients who have to defend themselves against claims of insolvency administrators from personal liability and contestation.