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    Austria: How insolvency avoidance actions in Austria could be affected by the proposed EU Directive on harmonisation of insolvency law
    19 January 2024

    Avoidance actions are a household staple for insolvency administrators to increase the insolvency estate in Austria. The current European Commission’s Proposal for a Directive (COM (2022)702) now aims to harmonise contestation rights in insolvency across all European member states.

    Austria, European Union, Insolvency & Restructuring, CMS Reich-Rohrwig Hainz, European Commission, European Court of Justice

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