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New preventive restructuring frameworks

European Union - March 1 2017 The EU-Commission is planning a European wide pre-insolvency (preventive) restructuring procedure in order to harmonise pre-insolvency…

Hendrik Boss

Funds in the insolvency space: recent activity in Germany and Austria

Austria, Germany - July 4 2016 Creditors of an insolvent entity file their claims against the entity with the insolvency administrator (Germany) or insolvency court (Austria). If a…

Susanne Fruhstorfer, Andreas Howadt

Germany: AVK Group successfully initiates orderly insolvency proceedings of affiliate and purchases business operations of insolvent affiliate in record time

Germany - September 1 2015 The restructuring of the AVK Group shows what chances the “Law for Further Facilitating the Restructuring of Companies” provides regarding the…