Insolvency
Restructuring

Reorganisation plan confirmed: check appeal rights and status

Section 155 IO: check the order, participant status and appeal route for a confirmed reorganisation plan.

BRANDAUER Rechtsanwälte
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BRANDAUER Rechtsanwälte

Insolvency law, Salzburg and throughout Austria

We review the procedural status, contracts, payment records and security, then explain which legal question needs to be addressed next.

2 September 2026, Mag. Bernhard Brandauer, Rechtsanwalt

Confirmation does not end the analysis for every affected person. Section 155 IO assigns appeals against confirmation and refusal to different participants.

An appeal against confirmation may be available to participants who did not expressly agree, as well as co-debtors and sureties.

Before acting, match the order, status, consent or objection and the specific complaint.

Control point

Reorganisation plan confirmed: check appeal rights and status

Confirmation does not end the analysis for every affected person. Section 155 IO assigns appeals against confirmation and refusal to different participants.

Control point
Control point Evidence Key question Next step
Secure the order and status Section 155 IO distinguishes appeals against confirmation and refusal. Keep the order, service and legal position together. Confirmation does not end the analysis for every affected person. Section 155 IO assigns appeals against confirmation and refusal to different participants. Confirmation was granted
Separate confirmation from refusal For co-debtors and sureties, the liability relationship matters; economic impact alone is not enough. An appeal against confirmation may be available to participants who did not expressly agree, as well as co-debtors and sureties. Confirmation was refused
Document consent and liability Record consent, objection or absence of express consent alongside the plan content. Before acting, match the order, status, consent or objection and the specific complaint. Personal status is unclear
Do not assume the remedy Only after reviewing the file should you decide whether confirmation or refusal is being challenged. Confirmation does not end the analysis for every affected person. Section 155 IO assigns appeals against confirmation and refusal to different participants. Confirmation was granted
Next step

Which order and personal status are involved?

An appeal against confirmation may be available to participants who did not expressly agree, as well as co-debtors and sureties.

Discuss the specific matter with the firm.

01 Question 1

Which order and personal status are involved?

Your answers

Review the documents

01

Confirmation was granted

Section 155 IO distinguishes appeals against confirmation and refusal. Keep the order, service and legal position together.

02

Confirmation was refused

For co-debtors and sureties, the liability relationship matters; economic impact alone is not enough.

03

Personal status is unclear

Record consent, objection or absence of express consent alongside the plan content.

Secure the order and status

Section 155 IO distinguishes appeals against confirmation and refusal. Keep the order, service and legal position together.

An appeal against confirmation may be available to participants who did not expressly agree, as well as co-debtors and sureties.

Separate confirmation from refusal

For co-debtors and sureties, the liability relationship matters; economic impact alone is not enough.

Before acting, match the order, status, consent or objection and the specific complaint.

Document consent and liability

Record consent, objection or absence of express consent alongside the plan content.

Confirmation does not end the analysis for every affected person. Section 155 IO assigns appeals against confirmation and refusal to different participants.

Do not assume the remedy

Only after reviewing the file should you decide whether confirmation or refusal is being challenged.

An appeal against confirmation may be available to participants who did not expressly agree, as well as co-debtors and sureties.

The appeal route depends on more than plan content. Match the order, status and procedural act.
FAQ

Frequently asked questions

Who may appeal confirmation? +

Section 155 IO includes participants who did not expressly agree, co-debtors and sureties, and mass creditors in the statutory situation.

Is refusal treated the same way? +

No. Section 155 IO names different persons for an appeal against refusal, including the debtor and certain insolvency creditors.

What deadline applies? +

Do not copy a deadline from a general template. Check the order and current appeal instructions.

What does this article not replace? +

It does not replace a review of the file or individual legal advice.

Topics
SanierungsplanRekursInsolvenzverfahren

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