Austrian associations for creditor protection by Susanne Susanne Fruhstorfer and Andreas Howadt

Associations for creditor protection are a central component of the Austrian insolvency landscape. As “privileged associations for creditor protection” legally anchored and equipped with so-called “preferential rights”, they are an inseparable part of all insolvency proceedings conducted in Austria, providing services to creditors, insolvency practitioners and insolvency courts alike.