VA Excellence Through Knowledge series: Preventive concordat – a legal mechanism for timely business rescue

We value continuous development and the exchange of ideas as key drivers of legal excellence across all practice areas.
As part of our legal debate series, our team recently engaged in a dynamic discussion on a key topic in insolvency and restructuring law:

Preventive concordat – a legal mechanism for timely business rescue

The session was led by Mariana Popa, Partner, whose extensive experience in insolvency procedures and corporate restructuring brought valuable depth to the discussion. With a strong track record of advising both distressed companies and creditors, Mariana offered a practical and strategic perspective on how the preventive concordat can serve as a lifeline for businesses facing financial challenges.

▶️Her presentation highlighted the importance of early legal intervention, the procedural steps involved, and the role of legal counsel in navigating this complex but powerful mechanism. The session sparked a lively debate among colleagues, combining legal theory with practical insights and encouraging a collaborative exchange of perspectives on how this tool can be effectively applied in real-world scenarios.

▶️Timely legal intervention can make the difference between recovery and collapse. We consistently encourage our clients to take early action, evaluate potential risks thoroughly, and consider all legal options before financial challenges become critical.