Commercial Law
The field of commercial law encompasses status (startup of businesses and subsequent changes of its status format) and corporate law (right to manage businesses), as well as creating tools of commercial trade (all types of trade contracts, collateral, securities etc.).
Collection of accounts receivable
Amidst of huge internal insolvency in BiH, collection of accounts receivable is highly critical. To resolve the problem, creditors can utilize not only coercive measures for enforcement of due claims (enforcement or bankruptcy court procedure), but other as well (compensations, factoring, debt restructure etc.).
Bankruptcy
Bankruptcy as the system for collective satisfaction of creditors is filed in a situation where debtor is no longer capable of paying its debts as they become payable. As the most complex court procedure, bankruptcy provides excellent opportunity for collection of due claims, accompanied by possibility for reorganization of bankruptcy debtor, under the conditions prescribed by the law.
