Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions.

Position of creditors

Forms of security

What are the main forms of security over moveable and immoveable property and how are they given legal effect?

Pledge

Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions.

Cross-border insolvency

Recognition of foreign proceedings

Under what circumstances will the courts in your jurisdiction recognise the validity of foreign insolvency proceedings?

Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions.

Director and parent company liability

Liability

Under what circumstances can a director or parent company be held liable for a company’s insolvency?