A Creditor registered his claim into insolvency proceedings against the debtor within 30 days of the  publication of the resolution on the debtor's bankruptcy in the insolvency register. The Creditor´s insolvency application regarding the claim was refused by the insolvency court because the resolution on the debtor´s bankruptcy had been previously published in the file of the debtor’s spouse’s  insolvency proceedings.

In its decision of 11 July 2013, Reference No. 21 ICdo 21/2012, the Supreme Court of the Czech Republic comprehensively expressed its opinion on the substantive legal aspects of re-pledging a receivable burdened by a lien and the possibility of negotiating a contractual waiver of re-pledging receivables. According to the decision, the pledging of a receivable does not preclude the possibility of establishing another lien on the same receivable. This decision is crucial for pledgees, typically financing banks.

Case background

In the current climate, the demand for jobs substantially exceeds the supply. Even so, for employers it can still be difficult to find a quality employee who meets the specific requirements for the given job. Once a suitable employee is found for the vacant position, they complete the usual formalities – submitting documents on their education, health and evidence of criminal records, agree with the employer on wages and other conditions of the employment and sign the labor contract.

The Czech Parliament passed an amendment to the Code of Civil Procedure (Act No. 99/1963 Coll., as amended) and the Act on Execution Procedure (Act No. 120/2001 Coll., as amended). Most of the provisions of the new legislation will be effective as of 1 January 2013. The amendment will, among other things, significantly modify the rules on enforcement of claims in the Czech Republic, as it changes some of the existing methods of enforcement under Czech law as well as introducing new ones.

In SwissMarineCorporation Ltd v OW Supply & Trading[1], the High Court refused to grant an anti-suit injunction restraining Danish insolvency proceedings. This case provides a useful discussion of the circumstances in which the court are likely to grant an anti-suit injunction, and in particular where there are jurisdiction issues involving elements of both civil and insolvency proceedings.

Going forward, companies brokering the products of others should have particular focus as to whether they have made it sufficiently clear that they act only as an intermediary, and according are not liable for the performance of contracts brokered. This is the consequence of a leading case delivered by the High Court of Eastern Denmark concerning the travel portal Goleif's duty to pay for a consumer's replacement flight following the bankruptcy of airline Cimber Sterling in May 2012.

Background

Højesteret afsagde den 11. maj 2016 en principiel kendelse i en sag om, hvorvidt Andelsboligforeningen Duegården i likvidation kunne gå konkurs, på trods af at andelsboligforeningens bank og realkreditinstitut, Nykredit, havde givet tilsagn om økonomisk at ville støtte andelsboligforeningen.

Andelsboligforeningen havde siden dens stiftelse i 2007 ikke kunnet finansiere dens drift og havde derfor finansieret denne ved gældsoptagelse.

August 2016

Nyhedsbrev

- Insolvens & Rekonstruktion

Nyhedsbrevet indeholder referater af nyere retspraksis om insolvensretlige problemstillinger samt orientering om en ndring af Erhvervsstyrelsens praksis vedrrende tvangsoplsning af selskaber. Gorrissen Federspiels afdeling for Insolvens & Rekonstruktion kan kontaktes, sfremt nyhedsbrevet giver anledning til bemrkninger eller uddybende sprgsml. Kontaktoplysninger fremgr sidst i nyhedsbrevet.

Konkursbetingelser

Nedenfor følger referater af nyere retspraksis om insolvensretlige problemstillinger. Gorrissen Federspiels afdeling for Insolvens & Rekonstruktion kan kontaktes, såfremt dette nyhedsbrev giver anledning til bemærkninger eller uddybende spørgsmål. Kontaktoplysninger findes sidst i nyhedsbrevet.

Omstødelse 

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