International Corporate Rescue
Journal Issues
- Vol 1 (2004)
- Vol 2 (2005)
- Vol 3 (2006)
- Vol 4 (2007)
- Vol 5 (2008)
- Vol 6 (2009)
- Vol 7 (2010)
- Vol 8 (2011)
- Vol 9 (2012)
- Vol 10 (2013)
- Vol 11 (2014)
- Vol 12 (2015)
- Vol 13 (2016)
- Vol 14 (2017)
- Vol 15 (2018)
- Vol 16 (2019)
- Vol 17 (2020)
- Vol 18 (2021)
- Vol 19 (2022)
- Issue 1
- Issue 2
- Issue 3
- Issue 4
- Issue 5
- Issue 6
- Vol 20 (2023)
- Vol 21 (2024)
- Vol 22 (2025)
Vol 19 (2022) - Issue 6
Article preview
Impact of an (English) Worldwide Freezing Order on German Clawback Provisions
Joachim Ponseck, Partner, and Professor Dr Artur M. Swierczok, Counsel, Baker McKenzie, Frankfurt am Main, GermanySynopsis
Payments of a debtor which are made under the impression or pressure of an enforcement under an (English) Worldwide Freezing Order can be considered as 'incongruent' transactions within the meaning of section 131 of the German Insolvency Code. This means that they can be challenged under very low conditions in a later insolvency of the debtor. This even applies in cases where a declaration of enforceability of the Worldwide Freezing Order has not yet been issued in Germany.
Buy this article
Get instant access to this article for only EUR 55 / USD 60 / GBP 45
Get instant access to this article for only EUR 55 / USD 60 / GBP 45
Buy this issue
Get instant access to this issue for only EUR 175 / USD 230 / GBP 155
Get instant access to this issue for only EUR 175 / USD 230 / GBP 155
Buy annual subscription
Subscribe to the journal and recieve a hardcopy for
EUR 730 / USD 890 / GBP 560
Subscribe to the journal and recieve a hardcopy for
EUR 730 / USD 890 / GBP 560
If you are already a subscriber
log In here
log In here
Copyright 2006 Chase Cambria Company (Publishing) Limited. All rights reserved.
