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CERHA HEMPEL Insolvency Checklist

This newsletter will give an overview of the different types of proceedings in the respective CEE jurisdictions.

In view of the threat of the largest wave of insolvencies in Europe since World War II, many companies ask themselves how to properly act in these circumstances, and in particular which duties managing directors have, but also how to react in relation to the insolvency of a business partner.

Since insolvency proceedings are structured very differently depending on the country, this newsletter will first give an overview of the different types of proceedings in the respective CEE jurisdictions.

The newsletter can be found here.