The Firm has assisted an international company active in the Home Decor sector following the decision of its board to discontinue the business activities and to put the company into voluntary liquidation.

The Firm has assisted the company during consultation with the trade union organizations regarding the concession of the Extraordinary Wages Guarantee Fund for discontinuation of business activities, which ended on 7 July 2015, and during the subsequent submission of the application to the Ministry of Labor.

Following admission of the company to the arrangement with creditors, the Firm has provided assistance during the consultation with the trade union organizations for the concession of the Extraordinary Wages Guarantee Fund for bankruptcy proceedings pursuant to Article 3, Law no. 233/91. 

The Firm also took care of the preparation and submission of the aforementioned request to the Ministry. 

The firm has also assisted the company in the collective lay-off procedure.