A leasing company


The company Borsay, a.s. provided, among other things, leasing regarding technological equipment for the SETUZA a.s. company amounting to several hundred million Czech crowns. In these insolvency proceedings, we have already been the third insolvency administrator and are currently finishing the release of assets which had been questionably included in the debtor’s insolvency estate.

A small electronic components manufacturer



The member of the debtor was the German company A 2000 Industrie-Elektronik GmbH. Communication in these proceedings was mostly conducted in German.

A company dealing in leasing and management of own or rented real estate property


In these bankruptcy proceedings, we conducted several extensive incidental disputes. We were able to effectively deny claims raised by the company Tenzo exceeding CZK 53 million. The petition seeking payment of over CZK 40 million was withdrawn after our statement.

An individual declared bankrupt – the former operator of the famous Kludský circus, which was one of the biggest circuses in Europe

Extensive real estate property was liquidated in these proceedings. One of the challenging parts was to establish the bankruptcy estate both in the Czech Republic and Bulgaria.

The operator of a hotel with nearly 200 rooms and numerous sports grounds

In these proceedings, we were able to sell the real estate property for a price which several times exceeded the fair market value that had been determined. Thus, the registered creditors could be satisfied to a greater extent. 

A company in the wine business


In these proceedings, we are dealing with the realisation of movable assets (equipment) used for wine production.

A construction and demolition works company


Due to the former directors’ embezzlement, it was necessary to work closely with the investigative, prosecuting and adjudicating bodies.

An individual


We managed to liquidate the debtor’s administrated commercial premises together with other real estate property for an amount exceeding CZK 20 million. In these proceedings, the creditors were satisfied to 100 % of their claims.

One of the biggest alternative postal services providers in the Czech Republic, which in its heyday was among the top four in its industry
(the former TNT Post company)

In these proceedings, we mostly dealt with employment topics (most registered claims came from the employees).

A construction company


We reviewed registered claims totalling CZK 64,382,88.84. A third of the claims were denied. The insolvency administrator focussed particularly on the activities of the former director and member of the debtor who had transferred the debtor’s business activities to another entity while already being insolvent.    

An investment company


Growing Way s.r.o. is the biggest Czech bankruptcy proceedings in terms of the number of creditors. In a relatively short time the insolvency administrator reviewed almost 4,000 registered claims amounting to CZK 1.5 billion. The review of the claims was complicated by the absence of accounting books and the lack of will on the part of the managing director to provide the insolvency administrator with due cooperation. With regard to the suspicion of the managing director’s criminal conduct and financial transfers without legal reason, the check was extended to include the private bank accounts of the managing director and other associated persons. Following the criminal prosecution, the majority of valuable assets were secured by the Czech Police. The insolvency administrator took the relevant legal steps to ensure that the Czech Police released the secured assets. The aim was to realise the assets in the insolvency proceedings and not in criminal proceedings, based on the principle that the satisfaction of creditors’ claims be carried out in the fastest and fairest way possible.  

A construction company doing business in residential housing and civil infrastructure

In several incidental disputes conducted as part of the bankruptcy proceedings, we were able to increase the bankruptcy estate and accelerate the conclusion of a settlement.