Insolvency estate
The assets subject to the insolvency proceedings and relevant to administration, realisation and creditor satisfaction.
The insolvency estate comprises the assets subject to the opened insolvency proceedings. It is the economic reference point for administration, realisation and creditor satisfaction. Whether a particular asset belongs to the estate may depend on ownership, security and separation rights.
The estate is neither the insolvency administrator nor the body of insolvency creditors. The administrator acts as office holder in relation to the estate, while creditors pursue claims. The creditors topic hub distinguishes claims, ownership and security.
More information
General guidance, not advice on an individual matter.
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Insolvency administrator
The court-appointed office holder with duties assigned by the type of proceedings and court decisions.
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Insolvency creditor
A creditor who must pursue its claim in the insolvency proceedings under section 102 IO.
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Insolvency avoidance
The statutory mechanism by which certain pre-opening acts may be declared ineffective against insolvency creditors.
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BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg
Phone
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