It's all in the professional preparation A look at the stumbling block of self-administration applying ESUG, the new German insolvency law

Düsseldorf, 22 October 2013. The stumbling block of self-administration was the captivating topic of the second Düsseldorf Restructuring Forum on 17 October 2013. Some 80 guests attended the debate conducted by experienced speakers. On one point, most of those present agreed: If debtor-in-possession or self-administration proceedings were meticulously prepared, then they could work. But the experience gained during the past 18 months with ESUG (the revised German insolvency law faciliating the restructuring of companies) resulted in a slightly different conclusion.


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