A bankruptcy is not an easy step, all because you invested in a company more than just money and time but also heart bloodNevertheless, there is a point in time where the bankruptcy petition and the bankruptcy must be applied. A corporate bankruptcy can eliminate the Legacy of a company and the company's future secure. For this purpose, can contribute in the company's insolvency of a Corporation a transferred reorganisation or the insolvency of individuals, a share of self-employment in the event of insolvency. The responsibility on a CEO during a company crisis weighs heavy. The The Federal court has now defined clear guidelines for the distinction between the mere payment bottleneck and the inability to pay. Through years of experience and close cooperation with courts and insolvency administrators stone wax lawyer law firm ensures the highest quality standards in support of corporate insolvencies. With all insolvency law issues, in particular, however, corporate insolvencies, STEINWACHS Rechtsanwaltskanzlei your right and competent contact person. We are not Trustees in bankruptcy, and can advise you, therefore, independent. Not only because of our experience, but in particular because of our superior networking with insolvency administrators and the analysis of the case law of the respective bankruptcy courts, we know, as we recite prayers to you profitable on your specific procedure and up to the end of the law is sure to accompany.
By focusing on Corporate insolvencies, we ensure highest legal quality standards.
Also in the case of corporate insolvencies, the so-called rule is to be applied to insolvency proceedings. This applies to all legal persons Depending on the company, and in the self-employed and freelancers there are in the case of insolvency, however some of the features. On the following pages we would like to offer an insight about the basic principles of the Law of corporate insolvencies in the respective business context.
Three objectives to be sought in the insolvency proceedings: first and foremost, the method is used to dispose of the whole of the remaining assets in the event of insolvency or over-Indebtedness, and to satisfy out of the proceeds of all creditors equally, so the ratio of their claims, (payment of a rate).
Members of the management Board and managing Director of capital-linked companies have the right and duty to request the opening of insolvency proceedings.
The obligation as soon as the body of scientific Representatives are aware or, that insolvency has occurred.
Legally, it must be borne in mind in the case of individual entrepreneurs that are natural persons, and yet entrepreneurs and not consumers. Now, what happens legally in the event of insolvency and restructuring of an entrepreneur and what instruments are available to the contractor. Our advice for entrepreneurs before and during the insolvency proceedings: If you are an entrepreneur and a bankruptcy is inevitable, you should be prepared for it. In our insolvency counselor, you will find extensive information on the most important topics in insolvency law and insolvency proceedings.
