• German Insolvency Law - Overview of Insolvency Challenge Rights
  • September 12, 2014 | Authors: Katharina Heßel; Malte Richter; Marco Wilhelm
  • Law Firm: Mayer Brown LLP - Frankfurt am Main Office
  • The most important principle of the German insolvency law is the equal treatment of the creditors of the insolvency debtor. To satisfy their claims, the creditors are entitled to the debtor’s insolvency estate. The insolvency estate consists of the entire assets of the debtor which belong to him at the time the insolvency proceeding is opened and which he obtains during the proceeding.