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Minor instalment payments - s. 133 German Insolvency Act

Minor instalment payments alone – also in the event of late payments – may not be sufficient to trigger knowledge of the debtor’s imminent illiquidity within the meaning of section 133 German Insolvency Act

Overview

Germany, Banking, Insolvency & Restructuring, Litigation, Taylor Wessing, Debtor
Insolvency claw-back claims in Germany: congruent cover and creditor disadvantage; high standards for tripartite agreements

Facts

Germany, Insolvency & Restructuring, Litigation, Taylor Wessing, Debtor