ACCRALAW represents clients in restructuring, suspension of payments, insolvency and rehabilitation proceedings, including the appointment of receivers and the creation of management committees. The Firm’s lawyers have significant participation in the passage of the Financial Rehabilitation and Insolvency Act and the Financial Rehabilitation Rules of Procedure.
The Firm renders assistance to its clients in filing actions for collection as well as petitions for rehabilitation and suspension of payments. ACCRALAW advises clients in connection with financial restructurings and reorganizations, fraudulent transfer prevention, foreclosing securities and maximizing return of unsecured claims. The Firm likewise gives advisory opinions to banks and other financial institutions on regulation, compliance and audit examination matters. To facilitate the collection of amounts due to creditor-clients, property attachments, garnishment of bank accounts, receivership, and other applicable provisional remedies are pursued on behalf of the Firm’s clients.