This handy reference guide is designed to present the law of German insolvency in a practical, non-technical manner that is easily accessible to lawyers and non-lawyers alike. The Insolvency Laws of Germany describes the nation's forms of business entities and types of obligations that will usually be at issue in insolvency proceedings. Sections begin with an identification of the specific bankruptcy laws in force (including laws dealing with reorganization as well as liquidation).
* Non-judicial workout procedures
* Creation and enforcement of unsecured and secured debt in each of the countries
* Protection of secured interests and legal distinctions between local and foreign creditors
* Detailed analysis of operation of the bankruptcy system in the subject countries
* Standards that must be met to start a proceeding
* How claims are asserted
* The operation of any discharge provisions
* The automatic stay in the international stage
* Conflicting rights to assets
* Ability to assert avoidance powers extra-territorially
* Issues raised in Sovereign Insolvencies
Dr. Hans-Jochem Luer, Senior Partner, Heuking Kuhn Luer Heussen, Cologne. Dr. Luer is a acknowledged authority on German insolvency law and is the author of numerous publications. Dr. Luer is a Member of International Bar Association; Federation of Insurance and Corporate Council (USA); Deutscher Anwaltsverein (Chairman of the Insolvency Committee); Deutscher Juristentag.