Guidance judicial reorganisation procedure

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Advisory A seller's market set to continue after a big year for M&A

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Advice and/or guidance JRP procedure

The judicial organisation procedure (JRP, formerly the CEO or Continuity of Enterprises Act) offers real chances of survival for all or part of the activities of organisations. The judicial organisation procedure is intended for organisations in financial or imminent financial difficulties that are intrinsically profitable but, for various reasons (e.g. covid-19), over-indebted.

Essential to success are a feasible repayment plan and debt restructuring. Understanding the future profitability of the organisation is therefore essential for the preparation of the recovery plan. This should describe the plans for recovery and can provide for repayment of the remaining debts over a period of 5 years.

We can assist you with:

advice on the feasibility of the JRP procedure
assistance in drawing up the application for JRP protection
financial assistance during the drafting of the recovery plan and the
follow-up and monitoring of the financial situation during a JRP procedure.

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Mark Ernots

Partner, Transaction Advisory Services

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Guidance judicial reorganisation procedure

Advice and/or guidance JRP procedure

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