Introduction
British Virgin Islands, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Supply chain, Coronavirus
GENERAL INSOLVENCY LANDSCAPE IN GERMANY PRE-COVID-19
Without undue delay upon occurrence of illiquidity or overindebtedness, at the latest within three weeks, members of the representing body of a legal entity have to apply for the opening of insolvency proceedings over the assets of such entity
INSOLVENCY REASONS: