Trading in the vicinity of insolvency: Considerations under the proposal of Directive and the InsO – a German perspective

• Autores: Gerald Spindler
• Localización: Las reestructuraciones de las sociedades de capital en crisis / coord. por Nuria Bermejo Gutiérrez, Aurora Martínez Flórez, Andrés Juan Recalde Castells, 2019, ISBN 9788413086187, págs. 121-133
• Idioma: inglés
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• Dialnet Métricas: 2 Citas
• Resumen

  • The article deals with the proposed Insolvency Directive of the European Parliament and the Council [2016/0359 (COD)] and their impact on the German national law, especially on the interface between corporate law and insolvency law. In this respect, the existing German legal background of duties of directors in the vicinity of insolvency will be analysed. This includes a detailed discussion of the duties of the managing directors in the vicinity of insolvency and the duty to file for insolvency proceedings. In this context, a light will also be shed on the general duties of directors towards creditors in the vicinity of insolvency. Finally, the duties of the directors are mentioned in the context of the forthcoming EU law.