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Legal Update

Haushaltsbegleitgesetz 2011 vom 9. Dezember 2010 Accompanying Budget Law (Haushaltsbegleitgesetz) 2011 of December 9, 2010

11 February 2011
Mayer Brown Legal Update
Sections 14 and 55 of the German Insolvency Code (Insolvenzordnung – hereinafter “InsO”) have been amended by Article 3 of the Accompanying Budget Law as of January 1, 2011. Pursuant to Sec. 103e EGInsO (Introductory Act to the German Insolvency Code), these amendments are applicable to all insolvency proceedings which have been filed for on or after January 1, 2011.

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