Pre-Bankruptcy Proceedings - Key Benefits for Companies

16.12.2024

Author: Saša Rendulić, Founder of Maneo Ltd. — 15 Years of Experience in Pre-Bankruptcy Restructuring Proceedings

Pre-bankruptcy proceedings in Croatia are designed to give companies an opportunity to reorganise their operations and avoid bankruptcy. The main advantages of this procedure include:

  1. Unblocking accounts and temporarily suspending enforcement actions.
  2. Partial debt write-off, often up to 70-80%.
  3. Rescheduling remaining obligations over a longer period.
  4. Preserving jobs and company assets..

Timely initiation of the procedure is crucial for its success. With more than 1,000 successfully conducted pre-bankruptcy proceedings, Maneo d.o.o. provides clients with expert support at every step - from documentation preparation to negotiations and court representation.

Pre-bankruptcy proceedings are not only a way to avoid bankruptcy - they are an opportunity for a fresh start and long-term business stability.


Author: Saša Rendulić, Founder of Maneo Ltd. — 15 Years of Experience in Pre-Bankruptcy Restructuring Proceedings

Saša Rendulić is the founder and CEO of Maneo Ltd., a firm specializing in pre-bankruptcy restructuring proceedings. Together with a multidisciplinary team of economists, attorneys, insolvency practitioners, auditors, and accountants, he has been advising businesses on pre-bankruptcy restructuring and insolvency matters for more than 18 years. Throughout his career, he has managed more than 1,000 pre-bankruptcy restructuring cases—representing approximately 70% of all pre-bankruptcy proceedings conducted in Croatia. This track record places him among Croatia's most experienced experts in the field of pre-bankruptcy restructuring.

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