Replacement of the bankruptcy trustee

One of the peculiarities and mandatory components of recognizing a legal entity's financial insolvency is the involvement of a receiver.

Pursuant to the Arbitration Procedure Law, such a specialist is responsible for conducting the bankruptcy procedure with minimal financial losses for the client and is the property manager, rehabilitation manager and liquidator.

In some cases, the debtor may not share the creditor's choice of the insolvency officer, in which case he can be replaced. The attorneys and lawyers of Regservice know how to replace the insolvency receiver in accordance with the Law.

The most common causes of disputed legal relations are dishonest behavior towards the debtor. Also, intentional material damage may serve as a ground for changing the latter.

An unscrupulous manager can harm not only the client's financial situation. Sometimes incompetent actions can lead to criminal liability.

To prevent this from happening, we recommend that you contact the lawyers of our company, who have successful, long-term experience in the field of bankruptcy of business entities.

Change of insolvency receiver: services of RegService

Our specialists will help you save time and money, as well as go through the bankruptcy procedure in an arbitration court in accordance with the requirements of the current legislation.

Our services include:

1. Advisory and practical legal support.
2. Support of the bankruptcy procedure on a turnkey basis.
3. Engaging an experienced, professional receiver.
4. Analyzing the activities of the receiver.
5. Development of an action plan and rehabilitation measures.
6. Collection of necessary documents.
7. Representation of the client's interests in court to protect their rights.
8. Replacing the bankruptcy administrator with a proven, competent and experienced specialist. 
9. Appealing against the actions of the previous specialist.

When is it necessary to change the insolvency receiver?

Urgent measures should be taken to replace such a specialist if:

• you have doubts about the competence and honesty of the specialist;
• you suspect that the insolvency practitioner is playing a "double game";
• he/she is not acting in the interests of the client in violation of the law.

In such a situation, there is no need to delay. It is important to quickly find responsible specialists who will carry out the procedure for replacing the receiver and involve a professional in the bankruptcy case.

On any issues related to the bankruptcy of legal entities and individual entrepreneurs, you can count on the support and comprehensive legal assistance of the lawyers of the Registration Service Company. Contact us!

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