Reestructuración e insolvencia – Portugal

Restructuring and Insolvency - Portugal

Our Approach

At Belzuz Abogados, we understand that a financially distressed situation or a state of insolvency demands swift, efficient and tailored solutions.

Our Insolvency and Restructuring Department offers comprehensive and personalised advice, addressing the interests of both creditors and debtors, and is underpinned by a deep understanding of the current socio-economic environment.

We adopt a practical approach focused on achieving clearly defined results, by seeking viable and efficient solutions and preserving, whenever possible, corporate value.

Insolvency

When there is a generalised failure to comply with due obligations, resulting from the debtor’s financial incapacity — where liabilities exceed assets — a situation of insolvency is deemed to exist. The team at Belzuz Abogados is fully prepared to assist in such proceedings, providing Clients with the necessary information and documentation to file for insolvency and to comply with the legally established obligations.

With a focus on providing end-to-end support, our team carries out all the necessary steps to implement the most appropriate solution, with emphasis on the following key services:

Early diagnosis of insolvency situations;
Analysis of the implications of insolvency in terms of contractual, tax and criminal liability;
Assistance in insolvency proceedings, whether aimed at recovery or liquidation of the company;
Preparation of Credit Claims and full assistance in this ancillary phase, including post-judgment steps following the Ruling on Credit Verification and Ranking until the final or partial distribution of funds;
Monitoring of procedural incidents (fraudulent insolvency, discharge of remaining liabilities);
Representation of both debtors and creditors at all stages of the proceedings, whether judicial or extrajudicial.

Corporate Restructuring

The significant deterioration in the financial position of many companies — such as liquidity constraints and the inability to obtain credit — if not addressed in a timely manner, may lead to business failure. Therefore, early strategic intervention is crucial, using legal mechanisms that allow for business recovery and continuity.

At Belzuz Abogados, we recognise corporate restructuring as an essential tool for restoring financial balance and ensuring the long-term sustainability of businesses.

Our team has extensive experience in designing and implementing tailored restructuring plans, adapted to the specific reality of each client — whether corporate entities or sole traders — and covering all relevant areas, including corporate, employment, tax, procedural and financial matters.

We place particular focus on Special Revitalisation Proceedings (PER) and Special Proceedings for Payment Agreements (PEAP), as well as on the extrajudicial negotiation of financial restructuring solutions, with special attention to alternative dispute resolution and the optimisation of corporate and tax structures.

Belzuz Abogados represents both debtors and creditors throughout the various stages of these processes (judicial and extrajudicial), prioritising negotiation, promoting a cooperative and joint approach to recovery efforts, and exploring alternative dispute resolution mechanisms, including tax optimisation and corporate restructuring.

In this area, we place special emphasis on the following services:

Business viability assessment;
Strategic planning of corporate restructurings and reorganisations;
Negotiation and restructuring of debt with financial institutions and other creditors;
Filing, negotiation and monitoring of Special Revitalisation Proceedings (PER);
Filing and monitoring of Special Proceedings for Payment Agreements (PEAP).

Commitment to the Client

The intervention of the legal team at Belzuz Abogados is guided by an integrated and multidisciplinary approach, aimed not only at resolving crisis situations but also at strengthening the financial resilience of organisations, by delivering swift, pragmatic, and tailored solutions. We constantly adapt to new market realities and legislative changes, while remaining true to our core identity: close, personalised service tailored to each client.