Bankruptcy and Liquidation Proceedings

Overview

GK Joint Legal Practice offers comprehensive legal support in bankruptcy, insolvency, and liquidation proceedings, representing both creditors and debtors in complex financial distress situations across Bosnia and Herzegovina. Our legal team combines in-depth knowledge of local bankruptcy laws with practical experience to deliver strategic, results-driven advice in all phases of insolvency.

We assist clients in initiating and managing bankruptcy and liquidation procedures, including the preparation and filing of petitions, development of reorganization or liquidation plans, and representation in court proceedings. Our lawyers work proactively with insolvency administrators, bankruptcy judges, and regulatory agencies to ensure that our clients’ rights and interests are effectively protected.

For creditors, we provide services related to the recognition, registration, and enforcement of claims in bankruptcy or liquidation estates, helping to maximize asset recovery while navigating complex priority and distribution rules. We also advise on securing collateral rights and pursuing alternative forms of debt recovery when necessary.

On the debtor’s side, we offer strategic consultation on solvency assessments, restructuring options, and negotiation with creditors to avoid formal bankruptcy where possible. When liquidation is inevitable, our team guides clients through the full process in accordance with applicable legislation, ensuring regulatory compliance and minimizing legal and financial exposure.

GK Joint Legal Practice also advises on cross-border insolvency matters, particularly where foreign creditors or assets are involved, applying international best practices to navigate multi-jurisdictional challenges.

Whether you are seeking to recover assets, restructure a business under financial pressure, or comply with your legal obligations during insolvency, our team delivers tailored solutions that combine legal precision with commercial insight.