Restrukturierungen erfolgreich meistern durch Unterstützung eines Sanierungsmoderators.

Seit Inkrafttreten des Gesetzes über den Stabilisierungs- und Restrukturierungsrahmen für Unternehmen (StaRUG) zum 1. Januar 2021 steht Unternehmen die Restrukturierung mithilfe einer sogenannten Sanierungsmoderation offen. Es handelt sich dabei um eine Restrukturierungsmöglichkeit in einem formalisierten Verfahren außerhalb eines Insolvenzverfahrens.

Der Insolvenzverwalter ist vielen steuerrechtlichen Verpflichtungen ausgesetzt, deren Vernachlässigung erhebliche Sanktionen auslösen können.

(Moderate) Verschärfung der Haftung für Geschäftsleiter durch das StaRUG.

Am 17. Dezember 2020 hatte der Bundestag das Gesetz zur Fortentwicklung des Sanierungs- und Insolvenzrechts (SanInsFoG) beschlossen. Zentraler Bestandteil des SanInsFoG sind die Vorschriften des Gesetzes über den Stabilisierungs- und Restrukturierungsrahmen (StaRUG).

The number of company insolvencies in 2023 increased by over a third compared to 2022. The hospitality sector was particularly badly affected, with 53% more insolvencies than in 2022.

It appears that 2024 will be similarly challenging for companies in the hospitality sector. The Restaurant Association of Ireland (RAI) has set out the main challenges faced by the industry, including increased energy and labour costs, and the VAT rate reverting to 13.5% after having been reduced to 9% during the covid-19 pandemic.

The High Court has reaffirmed the test to be applied in considering an application to dismiss a bankruptcy summons grounded on a judgment.

The bankruptcy process in Ireland involves multiple steps and the debtor can seek to bring it to a halt at each step. Debtors often seek to rerun effectively the same arguments at each step, ignoring previous findings by the courts. One such step is an application to dismiss a bankruptcy summons.

Aktuelle Rspr. des BGH zur Hinweis- und Warnpflicht eines Rechtsberaters bei möglichem Insolvenzgrund.

The Irish High Court has determined that the liquidation of an Irish aircraft leasing company, which was a 100% subsidiary of a Russian company expressly subject to EU sanctions, rebuts the presumption that the company was controlled by the Russian parent for the purpose of EU sanctions.

This enables the liquidators to deal with the assets without costly and time-consuming derogation applications.

Background

Der BGH festigt und erweitert seine Rechtsprechung zum Kleinbeteiligtenprivileg im Kontext der insolvenzrechtlichen Anfechtung nach § 135 Abs. 1 Nr. 2 InsO.

Irish company law provides that if a charge granted by a company is not registered in the Companies Registration Office (CRO) within 21 days of its creation, it is void against a liquidator and any creditor of the company. There is a duty imposed on a company which grants a charge to register the charge in the CRO but the creditor taking the charge can also do so.

Diamond Rock Developments Ltd (the Company) granted a mortgage over a property. That mortgage was registered in the Land Registry but was not registered in the CRO.

If you supply goods, the simplest step that you can take to reduce your exposure to a customer’s insolvency is to use effective retention of title (RoT).

However not all RoT clauses are effective and we see many RoT claims rejected in insolvency.

By default, once you sell goods on credit:

• the goods belong to the customer; and
• the customer owes you the purchase price.

This means that if an insolvency practitioner (IP) is appointed to the customer: