German insolvency law is geared towards liquidation of the debtor – insolvency plan procedures are only applied in exceptional cases

Date

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Location
Germany
Authors
Dr. Marco Wilhelm
Kevin Philipp Lach
Dr. Nicolas Rößler, LL.M.
Firm
Mayer Brown
Tags
Germany
Insolvency & Restructuring
Mayer Brown
Legal personality
Shareholder
Debtor
Board of directors
Market liquidity
Limited liability company
Debt
Liability (financial accounting)
Liquidation
Balance sheet
Joint-stock company
Pro rata