Die Abwicklung des masseunzulänglichen Insolvenzverfahrens

The new regulations in AA 208 ff. of the German Insolvency Act (InsO) aimed to create the necessary legal basis for the performance of proceedings with insufficient assets. The legislator recognized that the rejection of applications to open insolvency proceedings or the termination of proceedings already opened can lead to the significant compromise of business activities. Despite the legislative goal of comprehensive regulation, significant questions regarding the performance of insolvency proceedings with insufficient assets remain unclear, particularly due to the vague formulation of A 208 of the InsO relating to the continuance of the administrative and assessment obligations of insolvency administrators. This work aims to tackle these uncertainties and pending issues in the legal regulation and highlight possible solutions.