Financial Restructuring and Bankruptcy
Some businesses face financial distress that, if not handled legally and promptly, may lead to uncontrolled suspension or liquidation. The Saudi Bankruptcy Law provides multiple options for financial restructuring, debt settlement, and protection of the commercial entity. 3A Law Firm offers these services within a structured and strategic legal framework.
Service Description:
- Assessing the company’s financial and legal position to determine the appropriate option (preventive settlement, financial restructuring, or bankruptcy).
- Preparing applications for settlement, reorganization, or bankruptcy before the competent courts.
- Representing the entity throughout all procedural stages.
- Negotiating with creditors and documenting partial or final settlements.
- Coordinating with licensed trustees, liquidation bodies, and supervisory authorities.
- Protecting the company’s assets from individual enforcement actions during the statutory protection period.
Key Benefits:
- Preserving the business entity and preventing arbitrary liquidation.
- Regulating relationships with creditors through formal legal procedures.
- Enabling the company’s lawful return to commercial activity.
- Reducing legal liabilities on authorized representatives.
- Full compliance with the Saudi Bankruptcy Law and its implementing regulations.
For Inquiries and Service Requests:
