Directive on preventive restructuring procedure

In view of ongoing restrained economic development in a large number of Member States, the European Commission tabled the proposal for a Directive on redesigning of remedial corporate insolvency on 22 November 2016. After an intense political... read more

Avoidance of transactions in insolvency proceedings: Reform law entered into force on 5 April 2017

In recent years, the Supreme Court judicature over the so-called pre-emptive action of wilfully disadvantageous transactions according to sect. 133 of the German Insolvency Act (GIA) was completely out of hand. The granting... read more

Installation and removal costs under warranty law: New legal situation since 1 January 2018

What has been applied so far

Under the current legal situation, the contractor is deemed liable to his clients in the case of a defect for costs arising from installation and removal... read more