Corporate restructuring

Matters concerning restructuring proceedings shall be considered by the court in whose district the general administration of the debtor is located. Matters concerning the restructuring of a subsidiary company in a group of companies shall, however, be considered by the court in which restructuring proceedings concerning the parent company are pending.

Matters concerning restructuring proceedings are not heard by all district courts, which means that the judicial district in corporate restructuring matters is determined differently than in other matters.

Published 25.7.2019