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Effective Insolvency Law Event in Erfurt

After the success of the PASCHEN event at the Sony Center Berlin in September of 2010, Rösch & Lindschau, the renowned trade credit insurance experts invited Central German traders to the expanded version of the insolvency law event hosted at the Erfurt Design Loft on February 10, 2011.

The importance of the insolvency plan continues to grow, particularly with regard to the upcoming Act for Further Facilitation of Corporate Restructuring. In reference to Karstadt Warenhaus GmbH’s insolvency plan, attorney at law Lutz Paschen illustrated not only the opportunities and the financial impact they represent for creditors implementing an insolvency plan but also the substantial modifications of insolvency law for the benefit of the insolvency plan procedure.

Afterward, attorney at law Michael Schmidt, our insolvency expert and head of insolvency law, gave a presentation on what you should consider should you intend to continue conducting business with a preliminary insolvency administrator. Following the subsequent coffee break for networking, attorney at law Michael Schmidt outlined how to seize assets efficiently.