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Insolvency Law

Derecho ConcursalLloréns Abogados has a long history in the field of insolvency law and has conducted some of the most important insolvency proceedings undertaken in the Canary Islands, both under earlier legislation (suspension of payments and bankruptcy) and the new consolidated regulations of the 2003 Insolvency Law.

The advisory service we provide also includes acting as insolvency administrator.

Insolvency advice comprises not only the commercial defence of those involved in the process, but also includes all aspects relating to a company, such as labour issues and collective redundancies (when these occur) and tax matters. For this area we subcontract the services of another legal firm that specialises in tax consultancy.