Insolvency rules in Germany – general liability of the managing director and constant challenges by the insolvency administrator?

Insolvency rules in Germany – general liability of the managing director and constant challenges by the insolvency administrator?

I’d like to start this article by answering the question raised in the title. Under German law, the managing director of a GmbH (limited company) has no general liability in the event of insolvency. Nor is it the case that all administrators in all insolvencies exercise the right to challenge Read More »

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