Legal proceedings, aimed at companies in difficulty (not insolvency), through which they are protected from foreclosures, can defer payments to creditors and can benefit from the support of a business restructuring specialist to overcome the state of difficulty.
Judicial, confidential procedure, initiated by the debtor company, through which the administrator (ad-hoc agent) negotiates with the creditors the ways out of the operational, economic and financial difficulty.
In the recovery and resolution procedures of credit institutions and investment firms.
In the financial recovery procedures of insurance and reinsurance companies.