Post-petition financing in Germany | Practical Law

Post-petition financing in Germany | Practical Law

This article describes some of the legal aspects for granting loans to an insolvent debtor or insolvency administrator after filing for insolvency proceedings (Post-Petition Financing) in Germany. In particular, the article outlines the relevant insolvency procedures, the arrangements for Post-Petition Financing and the legal issues in relation to obtaining such financing.

Post-petition financing in Germany

Practical Law UK Articles 2-579-0345 (Approx. 9 pages)

Post-petition financing in Germany

Law stated as at 01 Sep 2014Germany
This article describes some of the legal aspects for granting loans to an insolvent debtor or insolvency administrator after filing for insolvency proceedings (Post-Petition Financing) in Germany. In particular, the article outlines the relevant insolvency procedures, the arrangements for Post-Petition Financing and the legal issues in relation to obtaining such financing.
This article is part of the multi-jurisdictional guide to restructuring and insolvency law. For a full list of jurisdictional Q&As visit www.practicallaw.com/restructure-mjg.