Liquidity Planning & Continuation Forecast
Due to the new legal framework created by way of the introduction of the StaRUG (Act on the Stabilisation and Restructuring Framework for Businesses), there currently is a great deal of ambiguity in this area. Therefore, it is necessary that you as a managing director document your entrepreneurial decisions in detail and maintain a liquidity plan for a forecast period of 24 months. This in turn documents that your company is solvent. Furthermore, you should be able to prove that there is no over-indebtedness in your company. This requires a going concern forecast for a period of at least 12 months.
With many years of experience in this field, our law firm can successfully support you in defending your personal managing directors’ liability. Arrange a non-binding consultation!