Secure procedural data first
Save the opening order, case reference, administrator and published notices.
Legal guidance on procedural stage, original records and open questions in Austrian insolvency law for creditors and contractual partners.
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.
When proceedings open, the insolvency court appoints an administrator ex officio. Financial position, estate, management and open questions now need a traceable file structure.
Section 81a IO requires an immediate review of the financial position and prior management. Section 99 IO requires the debtor to provide explanations needed for the administration.
This article concerns the first file structure after appointment, not later claim testing or the realisation of individual assets.
Financial position, estate, management and third-party interests need separate evidence.
| Review area | Records | Core question |
|---|---|---|
| Opening data | Order, case reference, contacts | Is the procedural stage evidenced? |
| Rights and duties | Contracts, claims, security | Which legal position is affected? |
| Evidence | Accounting, letters, payment records | Which fact can be proved? |
The concrete file list depends on legal form, business and procedural stage.
The check orders the next document group but does not replace legal review.
Discuss the specific matter with the firm.
Save the opening order, case reference, administrator and published notices.
Record title, possession, location, security and third-party rights for each asset.
Keep accounting, contracts, resolutions and open questions by responsibility.
Record the data date, new documents and open review tasks continuously.
Under section 80 IO, the court appoints an administrator ex officio when proceedings open. Appointment starts administration but does not decide how each asset, claim or liability will be treated.
Section 81a IO identifies the financial position, prior management, causes of asset deterioration and third-party guarantees as initial fields.
The estate review needs assets, rights and claims with title, location, security and realisation information. A balance-sheet entry does not answer who may seek return or realise an asset.
For retention of title or separation rights, keep the item, legal basis and possession separately documented.
Section 99 IO requires the debtor to provide explanations necessary for administration. Questions, answers, records and open points should be kept separately.
The file may include accounting, contracts, accounts, corporate resolutions and crisis communications. It makes the contemporaneous information reviewable but does not automatically determine liability.
Creditors should summarise claim basis, rank, security, evidence and the specific issue to clarify. Individual requests do not replace structured procedural communication.
Under section 81 IO, the administrator safeguards the common interests of participants and keeps accounts of the administration.
The insolvency court appoints the administrator ex officio when proceedings open under section 80 IO.
The explanations necessary for administration under section 99 IO; the concrete list depends on the case.
No. Title, possession and third-party rights must be reviewed for the specific item.
The claim basis, rank, security, evidence, procedural data and the specific question.
Tell us your role, the business concerned and the procedural status. We respond within one business day.
Address
BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg
Phone
+43 662 6280000