Insolvency law from A to Z.
Key terms of Austrian insolvency law explained clearly.
Your insolvency law team
BRANDAUER Rechtsanwälte
Insolvency law, Salzburg and throughout Austria
We review the procedural status, contracts, payment records and security, then explain which legal question needs to be addressed next.
I
- Insolvency administrator The court-appointed office holder with duties assigned by the type of proceedings and court decisions.
- Insolvency avoidance The statutory mechanism by which certain pre-opening acts may be declared ineffective against insolvency creditors.
- Insolvency creditor A creditor who must pursue its claim in the insolvency proceedings under section 102 IO.
- Insolvency estate The assets subject to the insolvency proceedings and relevant to administration, realisation and creditor satisfaction.
R
- Reorganisation administrator The court-appointed insolvency administrator who supervises the debtor's administration in self-administered reorganisation proceedings.
- Reorganisation proceedings Insolvency proceedings designated as reorganisation proceedings when the conditions of section 167 IO are met.
- Repayment restriction The statutory restriction limiting recovery of an equity replacing loan until the company has been rehabilitated.
- Restructuring Measures concerning assets, liabilities, capital or operations intended under the ReO to avert insolvency and secure viability.
- Restructuring plan The plan translating an intended restructuring under the ReO into concrete measures and treatment of affected creditors.
- Retention of title A contractual arrangement under which title remains with the supplier until the agreed condition is met.
- Right of separation The right to recover an asset from the insolvency estate where it does not belong wholly or partly to the debtor.
General guidance, not advice on an individual matter.
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BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg
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+43 662 6280000