Corporate crises happen when management control fails. Often, especially in these years, a company crisis is not due to an entrepreneur making wrong choices, but to a series of factors related to third parties. The most common cases involve clients’ bankruptcy, rather than the alleged professional negligence of consultants who assisted the company in the past.
Our law firm specialising has a significant experience in the management of corporate crises of small and medium-sized enterprises. We can successfully restructure the companies we work with, but also steer them within a controlled dissolution, so that the director and the shareholders suffer the least damage possible.
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Businesses fail, entrepreneurs don’t! The possibility of a business having an unfortunate outcome is inherent in the business activity itself, in the entrepreneurial risk. A frequent mistake made by Italian entrepreneurs is that of identifying themselves with their own company.
An enterprise is nothing but a tool. If it doesn’t succeed it certainly involves a loss, but you either fix it or you replace it. Understanding whether or not the company can recover is in any case the first step towards restructuring!