Insolvency Proceedings in Germany


Thu, December 12, 2019, 10:00 - 11:00


 General Information

Cost: Members: $95
Non-Members: $195

Register Now

Registration Includes: One telephone and web connection at one physical location


US: 10a.m. ET

About the Webinar

For the first time in nearly a decade, insolvencies are expected to rise in Germany. Meanwhile, significant changes to German insolvency law are taking place over the next two years.

Are you now or are you planning to do business in the country? Get the information you need to help protect your company better.

Hear from an in-country attorney about the ins and outs of what occurs before, during and after an insolvency occurs in Germany. In addition to upcoming legal changes, this webinar will include a basic run through of German insolvency procedures for different types of insolvency. It will provide helpful hints and tips for filling out claim forms and how to make a claim in the case of insolvency of a limited company or sole trader.

Topics include:

  • The responsibilities of creditors when debtors file.
  • How assets of an insolvent company are distributed.
  • What, if any, options outside of insolvency offer relief to debtors similar to Chapter 11 in the United States.
  • Whether creditors can force an involuntary insolvency on a debtor.

Join Lutz Paschen, of Paschen Rechtsanwälte PartGmbB, as he provides a step-by-step look at what happens and gain a basic understanding of what to expect.

About the Speaker

RA Lutz Paschen, Paschen Rechtsanwälte, Berlin

Lutz Paschen was one of the founding partners of Paschen Rechtsanwälte, a law firm of legal enforcement of supplier rights in the B2B sector, as well as insurance recourse in Germany. Lutz leads the firm´s international team and also acts as the current managing partner.

Lutz earned his legal degree at the German University of Bonn. Following his first state exam, he served as a legal trainee at the Higher Regional Court of Stuttgart, Germany. After working for a corporate law firm in Haifa, Israel, and passing his bar exam, he started as an in-house lawyer in the contract management department of the state-owned agency Treuhandanstalt. In 1993 Lutz founded the law firm Berendes & Paschen with a former colleague from Treuhandanstalt, which later was renamed Paschen Rechtsanwälte when his co-founder left the firm.

Today, his legal work focuses on international civil and commercial law as well as credit insurance law. He has more than two decades of forensic practice and is thus one of the most experienced litigation attorneys at Paschen. As a lobbyist for the German Federal Association of Credit Management, he has also represented the political interests of suppliers over the past five years.

Webinar Access

Instructions to join the Webinar will be sent to the main registrant's email address the day before. Remember! please log-in at least 15 minutes prior to the webinar commencing to ensure ample time for technical assistance if needed.