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Germany · Law · Gesetzgebung

16/13927

Law to facilitate the restructuring of companies

enactedGermany· German Bundestag· DE

Introduced

21 August 2009

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Status

Verkündet

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Source updated

19 June 2025

Summary

<span>Extension of the term of the insolvency code, which was changed in response to the financial crisis to prevent insolvency proceedings in autumn 2008, until the end of 2013;<br /> Amendment to Article 7 of the Financial Market Stabilization Act<br /> <br /> There are no costs to public budgets.<br /> <br /> <strong>Recommendation of the committee: </strong><span>Clarification on the limitation of Entry into force regulation on the concept of over-indebtedness</span></span>

Machine translation from German. The official text remains authoritative.

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