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    Berlin to Korneuburg: NIKI's insolvency proceedings
    2018-05-25

    Introduction

    Filed under:
    Germany, Insolvency & Restructuring, Litigation, Clifford Chance
    Authors:
    Cristina Weidner
    Location:
    Germany
    Firm:
    Clifford Chance
    Reform: Neues Insolvenzanfechtungsrecht zugunsten von Arbeitnehmern
    2018-06-04

    Die neue Reform des Insolvenzanfechtungsrecht durch den Gesetzgeber löst einige Rechtsfragen des BAG und BGH zugunsten von Arbeitnehmern.

    Filed under:
    Germany, Employment & Labor, Insolvency & Restructuring, Litigation, CMS Germany
    Authors:
    Dr. Boris Alles , Anna Schwarzer
    Location:
    Germany
    Firm:
    CMS Germany
    The perfect restructuring - a view from Germany: Part 2: kick-off with the works council
    2018-06-05

    The second in a series on ‘the perfect restructuring’ in an employment law context, this article examines best practice for handling the kick-off with the works council for a business restructure from a German perspective.

    By: Markus Janko

    Member Firm: Kliemt.Arbeitsrecht

    Filed under:
    Germany, Employment & Labor, Insolvency & Restructuring, Ius Laboris
    Location:
    Germany
    Firm:
    Ius Laboris
    The perfect restructuring - a view from Germany: Part 3: negotiations on the balance of interests agreement
    2018-06-18

    The third of a series on ‘the perfect restructuring’ in an employment law context, this article provides recommendations from a German perspective for conducting negotiations with the works council to reach a balance of interests agreement prior to and during the conciliation board phase of a restructuring.

    By: Markus Janko

    Firm: KLIEMT.HR Lawyers

    Filed under:
    Germany, Employment & Labor, Insolvency & Restructuring, Ius Laboris
    Location:
    Germany
    Firm:
    Ius Laboris
    German Insolvency Law - The Insolvency Administrator’s Right to Choose or Reject Performance
    2018-06-21

    Within German contract law, the principle of being bound by a contract (pacta sunt servanda), i.e. the obligation to fulfill agreements, applies. In case of the insolvency of one of the contractual parties, however, exceptions are made. Upon the opening of the insolvency proceedings, the principle of being bound by a contract is modified. 

    Filed under:
    Germany, Insolvency & Restructuring, Mayer Brown
    Authors:
    Dr. Marco Wilhelm , Dr. Malte Richter , Tina Hoffmann
    Location:
    Germany
    Firm:
    Mayer Brown
    Deutsches Insolvenzrecht - Das Wahlrecht des Insolvenzverwalters
    2018-06-21

    Im deutschen Vertragsrecht gilt das Prinzip der Vertragstreue (pacta sunt servanda), welches die Verpflichtung zur Erfüllung von Verträgen zum Gegenstand hat. Hiervon werden im Falle der Insolvenz einer Vertragspartei Ausnahmen gemacht. Mit Eröffnung des Insolvenzverfahrens wird das Prinzip der Vertragstreue modifiziert. 

    Filed under:
    Germany, Insolvency & Restructuring, Mayer Brown
    Authors:
    Dr. Marco Wilhelm , Dr. Malte Richter , Tina Hoffmann
    Location:
    Germany
    Firm:
    Mayer Brown
    Cash-flow insolvency
    2018-04-04

    The German Federal Court of Justice (Bundesgerichtshof) has taken the opportunity to clarify its position on section 17(2) German Insolvency Act (Insolvenzordnung, InsO).  According to sec. 17(2) a debtor is deemed insolvent if he is unable to pay his debts as they fall due (Zahlungsunfähigkeit).

    Filed under:
    Germany, Insolvency & Restructuring, Litigation, Ashfords LLP, Federal Court of Justice
    Authors:
    Alan Bennett
    Location:
    Germany
    Firm:
    Ashfords LLP
    Insolvenzrechtliche Einordnung des Nachteilsausgleichs
    2018-04-10

    Für die Einordnung des Nachteilsausgleichs als Masseverbindlichkeit oder als Insolvenzforderung ist der Zeitpunkt der Durchführung der Betriebsänderung entscheidend.

    Filed under:
    Germany, Employment & Labor, Insolvency & Restructuring, Litigation, CMS Germany
    Authors:
    Daniel Hennig , Lennard Lürwer
    Location:
    Germany
    Firm:
    CMS Germany
    New German regulations for insolvency proceedings of group companies (Konzerninsolvenzrecht)
    2018-04-10

    On 21 April 2018, new rules regarding the handling of “group” insolvency proceedings of companies in Germany become effective.

    The regulations aim at better coordination between separate insolvency proceedings which must be implemented for every company within a group under German insolvency rulings. Up to now, coordination was quite difficult, due to separate responsibilities of different courts and insolvency administrators.

    Filed under:
    Germany, Insolvency & Restructuring, Taylor Wessing
    Authors:
    Dr. Alexander Senninger
    Location:
    Germany
    Firm:
    Taylor Wessing
    Russland: Keine Steuerfreiheit von Gewinnen aus Forderungsverzichten ab 2018
    2018-02-06

    Bundesgesetz Nr. 286-FZ vom 30. September 2017 über die Einführung von Änderungen des zweiten Teils des Steuergesetzbuches und einiger Gesetzgebungsakte der Russischen Föderation

    Hintergrund

    Filed under:
    Germany, Russia, Insolvency & Restructuring, Tax, Advant Beiten, Tax exemption, Balance sheet
    Authors:
    Anna Lesova , Florian Teichert
    Location:
    Germany, Russia
    Firm:
    Advant Beiten

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