Mercal Consulting Group provides services to companies under the PER - Special Revitalization Plan.
Mercal was founded in 1996 and is integrated into the IMCN global network with an international presence.
Mercal is considered the Best Portuguese Consultancy Company by prestigious worldwide organizations.
PER – Special Revitalization Plan
We offer specialized support under the Special Revitalization Plan (PER) for your company.
The Special Revitalization Plan (PER) was established by Law No. 16/2012 of April 20, which amended the Portuguese Insolvency and Corporate Recovery Code (CIRE) to address the country’s economic and business needs.
The PER aims to strengthen the recovery of companies facing financial difficulties whenever their viability remains possible. It was created to preserve the Portuguese economic and business fabric.
The PER is designed for companies that are in a pre-insolvency situation or experiencing difficulties in meeting their financial obligations. To initiate the process, the company must file a request with the court, together with at least one creditor, expressing its intention to restructure and recover the business.
Through the special revitalization process, companies are granted up to three months to prepare and negotiate a recovery plan. During this period, creditors are prevented from enforcing claims, and all debt collection actions, including those by the State, are suspended.
Advantages of PER – The Special Revitalization Plan
• During the negotiations, all ongoing legal actions are suspended and will be terminated once the recovery plan is approved and validated;
• Any previously filed insolvency proceedings are suspended and will be terminated once the recovery plan is approved and validated;
• The debtor company remains in control of its assets and continues to manage its operations;
• The Special Revitalization Process is fast and efficient.
Our services
Through a multidisciplinary team of economists, lawyers, and judicial administrators, we provide the following services:
- Diagnosis of the company, its current situation and prospects for future evolution.
- Elaboration of Economic and Financial Forecast Studies.
- Negotiation of the Restructuring Plan with creditors.
- Follow-up of the Special Revitalization Plan, ensuring compliance.