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German Bundestag Passes Comprehensive Reform in Restructuring and Insolvency Law

Through implementing the EU Restructuring Directive, German restructuring and insolvency law will be modernized, more effective, and enriched by new instruments. On 17 December 2020, the German Bundestag passed the Act on...more

German Federal Government Outlines Path to Comprehensive Reform in Restructuring and Insolvency Law

Government draft of law implements EU Restructuring Framework, and introduces new restructuring instruments. On 14 October 2020, the German Federal Government published a government draft of the Act on the Further...more

10/19/2020  /  Debt Restructuring , EU , Germany , Insolvency

Bundesregierung skizziert Weg zu umfassender Reform im Sanierungs- und Insolvenzrecht

Regierungsentwurf setzt EU Restrukturierungs-Richtlinie um und führt neues Sanierungsinstrumentarium ein. Die Bundesregierung hat am 14. Oktober 2020 den Regierungsentwurf eines Gesetzes zur Fortentwicklung des Sanierungs-...more

Europäische Kommission veröffentlicht zweite Anpassung des Befristeten Rahmens für staatliche Beihilfen betreffend COVID-19

von Rainer Wilke, Dr, Harald Selzner, Frank Grell, Jörn Kowalewski, Joachim Grittmann, Dr. Ulrich Klockenbrink, Elisabetta Righini, Natalia Solarova Die zweite Änderung des Befristeten Rahmens erlaubt es den...more

Mitigation of Clawback and Liability Risks for COVID-19 Era Financings in Germany

The Federal Ministry of Justice and Consumer Protection (BMJV) is currently finalizing the law to mitigate the consequences of the COVID-19 pandemic in civil, insolvency, and criminal proceedings with extraordinary...more

Remedy for Managing Directors in the Time of COVID-19: Suspension of insolvency filing obligations and limitation of liability...

The Federal Ministry of Justice and Consumer Protection (BMJV) now implements, with great commitment and unprecedented speed, what it has generally announced on 16 March 2020: ..The suspension of the obligation to file for...more

Anfechtungs- und haftungsrechtliche Erleichterungen für COVID-19-Finanzierungen in Deutschland

Mit außerordentlichem Engagement treibt das Bundesministerium für Justiz und Verbraucherschutz (BMJV) aktuell das Gesetz zur Abmilderung der Folgen der COVID-19-Pandemie im Zivil-, Insolvenz- und Strafverfahrensrecht voran....more

3/24/2020  /  Coronavirus/COVID-19 , Germany

Abhilfe für Geschäftsführer und Vorstände in Zeiten von COVID-19: Aussetzung von Insolvenzantragspflichten und Einschränkung von...

Das Bundesministerium für Justiz und Verbraucherschutz (BMJV) lässt nun mit enormem Einsatz und mit wohl einmaliger Geschwindigkeit seiner vom 16. März 2020 Akündigung Taten folgen. Noch in dieser Woche sollen: ..die...more

Remedy for Managing Directors in Times of COVID-19: Suspension of insolvency filing obligations and limitation of liability risks...

The Federal Ministry of Justice and Consumer Protection (BMJV) now implements, with great commitment and unprecedented speed, what it has generally announced on 16 March 2020: ..The suspension of the obligation to file for...more

COVID-19 in Germany: Immediate Measures to Gain State Aid Financing (KfW Credit et al)

The German government announced that it will expand the KfW financing programme. Due to the already existing and upcoming multiple business challenges caused by COVID-19, there will be a strong demand for additional...more

COVID-19: Immediate Measures to Gain State Aid Financing (KfW Credit et al)

Due to the already existing and upcoming multiple business challenges caused by COVID-19, there will be a strong demand for additional financing throughout the German and European economy. The German government announced on...more

COVID-19: The four pillar protective governmental shield for Germany

The German Federal Ministry of Finance and the German Federal Ministry for Economic Affairs and Energy announced a protective shield for employees and companies in Germany in light of coronavirus implications. The protective...more

Germany: Insolvency Claw-back Reform Provides Some Relief for Creditors

The reform of claw-back rights in German insolvency proceedings which provides for more legal certainty for creditors has become effective on 5 April 2017. Following their interpretation by German courts, the claw-back...more

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