Overall reform of the execution law
The execution law was comprehensively amended with effect from 1 July 2021. Up to now, the creditor seeking enforcement of claims and other property rights had to state them in the application. In practice, however, the creditor usually only learns of this by submitting a list of assets. The appointment of an administrator in the execution proceedings, who has to determine assets, should now make realisation easier.
In our one-hour KWR webinar, Thomas Frad discusses the following key innovations of the reform:
- Execution Package
- Extended execution package
- Concentration of jurisdiction
- Termination in case of obvious insolvency
- Extended access to execution data
- Extensive editorial changes
Date: 8. September 2021
Time: 11:00 - 12:00