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Private Agreement Homologation Act (WHOA)

Restructure debts or bankruptcy?

Since 1 January 2021, it is possible to have a settlement with creditors enforced by the court with regard to creditors who have not agreed to the arrangement.

Maintaining the value and continuity of the company are paramount.

Do you have other creditors in addition to the Tax Authorities and would you rather see a settlement for the debts with remission of the remainder? Or would you like to discuss the choice of continuation, bankruptcy or appeal to the new Whoa? Please feel free to contact Mr. Sepehr Yadegari. Send an email or call 020 – 244 3900.