German Act on the Further Development of Restructuring and Insolvency Law (SanInsFoG)

A comprehensive change to German insolvency and restructuring law has become effective starting 1 January 2021. The change allows that a company's reorganization is possible without insolvency and includes the majority decision of its creditors.

Filed under:
Germany, Insolvency & Restructuring, K&L Gates LLP, Mediation, Coronavirus
Authors:
Dr. Georg Bernsau , Volker Gattringer , Nadja Raiß , Dr. Matthias Grund, LL.M.
Location:
Germany
Firm:
K&L Gates LLP