News & Insights

Greenlake Legal advised a private client as 50 per cent. shareholder in the insolvency of his 50 per cent. co-shareholder

We advised our client in relation to its options. In the end, our client and the co-shareholder agreed that – despite the insolvency of the co-shareholder – the business should be carried on.

We found a suitable solution for that which included several negotiation rounds with the insolvency administrator of the co-shareholder.

The transaction involved legal advice for Austria.

Transaction size: confidential

Erik Hoedl led this transaction.