The High Court has clarified the grounds for challenging a CVA for guarantee creditors.

Background

The High Court has clarified the grounds for challenging a CVA for guarantee creditors.

Background

The High Court has clarified the grounds for challenging a CVA for guarantee creditors.

Background

The High Court has clarified the grounds for challenging a CVA for guarantee creditors.

Background

The High Court has clarified the grounds for challenging a CVA for guarantee creditors.

Background

The High Court has clarified the grounds for challenging a CVA for guarantee creditors.

Background

The High Court has clarified the grounds for challenging a CVA for guarantee creditors.

Background

The High Court has clarified the grounds for challenging a CVA for guarantee creditors.

Background

The High Court has clarified the grounds for challenging a CVA for guarantee creditors.

Background

Background

The impact of the opening of insolvency proceedings on options granted in combined contracts (for example, a lease contract containing a call option for the leased real estate) had been in dispute for a long time.

Decision

The Austrian Supreme Court held that call options granted in lease contracts where the option fee has been paid do not expire with the opening of insolvency proceedings, nor are they subject to the right of the insolvency administrator to terminate the lease contract.