German Bundestag Addresses In-Court Restructuring in New Parliamentary Inquiry
Berlin, Germany – July 14, 2025 – The German Bundestag has published a new parliamentary document, Drucksache 21/872, titled “Kleine Anfrage Insolvenz in Eigenverwaltung” (Small Inquiry on Insolvency in Self-Administration). This document, released today at 10:00 AM, signals a renewed parliamentary focus on the mechanisms and effectiveness of insolvency proceedings where the existing management retains control of the company.
The “Kleine Anfrage” is a procedural tool utilized by members of the Bundestag to seek information from the federal government on specific topics. This particular inquiry indicates a growing interest among parliamentarians in understanding the current landscape and potential challenges or improvements related to insolvency in self-administration.
Insolvency in self-administration, often referred to as “Eigenverwaltung” in German legal terminology, is a specific type of insolvency proceeding. It allows the management of a company experiencing financial difficulties to continue operating the business under the supervision of a court-appointed insolvency administrator. The primary goal of this procedure is typically to restructure the company, preserve jobs, and potentially rescue the business as a going concern, rather than a complete liquidation.
While the specific questions posed within Drucksache 21/872 are not detailed in the initial announcement, the subject matter suggests that parliamentarians are likely seeking to:
- Assess the current application and success rates of insolvency in self-administration in Germany.
- Identify any potential obstacles or inefficiencies within the existing legal framework or practical implementation.
- Explore possible legislative adjustments or administrative measures that could further enhance the effectiveness of this restructuring tool.
- Understand the impact of economic conditions on companies utilizing self-administration.
- Gather data on job retention and the preservation of viable businesses through this process.
The publication of this inquiry underscores the Bundestag’s commitment to monitoring and shaping key economic and legal policies. The responses from the federal government to these questions will provide valuable insights into the government’s perspective on insolvency proceedings and its strategies for supporting businesses in financial distress.
This development is of significant interest to legal professionals, insolvency practitioners, business owners, employee representatives, and all stakeholders involved in the German economy. Further analysis of the specific questions and subsequent government responses will be crucial in understanding the nuances of this parliamentary initiative and its potential implications for the future of corporate restructuring in Germany.
21/872: Kleine Anfrage Insolvenz in Eigenverwaltung (PDF)
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Drucksachen published ’21/872: Kleine Anfrage Insolvenz in Eigenverwaltung (PDF)’ at 2025-07-14 10:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.