responsibility finder
Schleswig-Holstein

Trustee (insolvency): Appointment

Source: Zuständigkeitsfinder Schleswig-Holstein (Linie6Plus)

Service Description

Anyone wishing to act as a trustee in insolvency proceedings for which self-administration has been ordered must be appointed by the competent insolvency court.

If you wish to act as administrator in insolvency proceedings for which self-administration has been ordered, you must be appointed by the competent insolvency court.

A natural person who is suitable for the individual case, in particular one who is knowledgeable in business and independent of the creditors and the debtor, must be appointed as administrator and selected from among all persons willing to take on the role of administrator.

You will receive a certificate of your appointment. Upon termination of your office, you must return the certificate to the insolvency court.


Who should I contact?

To the local court (as insolvency court) in whose district the company concerned has its registered office or the person has their place of residence.

Legal basis
What else should I know?

A natural person suitable for the individual case must be appointed as the insolvency administrator. If self-administration is ordered, an administrator is appointed instead of the insolvency administrator.

Like the insolvency administrator, the administrator is liable to pay compensation to all parties involved in the insolvency proceedings if he culpably breaches the duties incumbent upon him under the Insolvency Code.

General information on courts and judicial authorities can also be found on the website of the state government of Schleswig-Holstein.

Author

The text was automatically translated based on the German content.

Teaser

Anyone wishing to act as a trustee in insolvency proceedings for which self-administration has been ordered must be appointed by the competent insolvency court.

Who should I contact?

To the local court (as insolvency court) in whose district the company concerned has its registered office or the person has their place of residence.

Legal basis

What else should I know?

A natural person suitable for the individual case must be appointed as the insolvency administrator. If self-administration is ordered, an administrator is appointed instead of the insolvency administrator.

Like the insolvency administrator, the administrator is liable to pay compensation to all parties involved in the insolvency proceedings if he culpably breaches the duties incumbent upon him under the Insolvency Code.

General information on courts and judicial authorities can also be found on the website of the state government of Schleswig-Holstein.

Author

The text was automatically translated based on the German content.

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