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Posts tagged #bankruptcy

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OGH: Position of a beneficiary of a private foundation in bankruptcy

Civil Law 

If the possibility of giving up the position as a beneficiary has economic value because there is an interested party willing to pay remuneration, this is an asset which falls into the insolvency estate. Bankruptcy proceedings were opened against the...

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OGH on the supervisory duties of the bankruptcy court

The bankruptcy court's power to supervise and issue instructions is in principle comprehensive and undoubtedly not limited to the "operational area of the bankruptcy trustee’s activities". In the present case, a bankruptcy debtor applied for the term...

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