Insolvency
Insolvency proceedings

Insolvency administrator appointed: which records and information to organise first

Legal guidance on procedural stage, original records and open questions in Austrian insolvency law for creditors and contractual partners.

BRANDAUER Rechtsanwälte
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.

4 August 2026, Mag. Bernhard Brandauer, Rechtsanwalt

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.

First file structure

Which records answer the first procedural questions?

Financial position, estate, management and third-party interests need separate evidence.

Document groups after appointment
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.

Prioritise records

Which information stream is still open?

The check orders the next document group but does not replace legal review.

Discuss the specific matter with the firm.

01 Question 1

Are the opening order, case reference and procedural contacts recorded completely?

Your answers

Review the documents

01

Secure procedural data first

Save the opening order, case reference, administrator and published notices.

02

Record the estate item by item

Record title, possession, location, security and third-party rights for each asset.

03

Document management information

Keep accounting, contracts, resolutions and open questions by responsibility.

04

Continue the organised file

Record the data date, new documents and open review tasks continuously.

Separate appointment from the first information review

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.

Do not infer the estate from totals alone

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.

Make management information traceable

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.

Transmit creditor interests in an organised way

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.

Do not replace a concrete file with general information: Link each statement to a document, date and asset or transaction.
FAQ

Common questions about an insolvency administrator

Who appoints the insolvency administrator? +

The insolvency court appoints the administrator ex officio when proceedings open under section 80 IO.

What information must the debtor provide? +

The explanations necessary for administration under section 99 IO; the concrete list depends on the case.

Do all items at the premises automatically belong to the estate? +

No. Title, possession and third-party rights must be reviewed for the specific item.

What should a creditor organise first? +

The claim basis, rank, security, evidence, procedural data and the specific question.

Topics
Insolvency administratorInsolvency estateInformation dutyCreditors

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BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg