Provisional Insolvency Administration

If a debtor is at risk of his asset situation deteriorating which will lead to a disadvantage for the creditors, the court orders interim measures of protection to be taken before insolvency proceedings are commenced, i.e. in the form of provisional insolvency administration.

Depending on the scope of activity ordered by the court, the activity of the provisional insolvency administrator is restricted to securing the insolvency assets but the activities can be very similar to insolvency administration.

Key Contact

Carsten D. Liersch

Carsten D. Liersch

Lawyer and Insolvency Administrator, Accredited Specialist in Insolvency Law
T +49 30 851029-0
info@gvw-is.com