Compare financial plan and orders
Keep the related records, current procedural status and open issue in one file.
Insolvency proceedings
Insolvency reporting hearing: review continuation and realisation
Review the insolvency reporting hearing: continuation, realisation, records and the court decision in Austrian proceedings.
Your insolvency law team
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.
17 August 2026, Mag. Bernhard Brandauer, Rechtsanwalt
The reporting hearing is a key decision point for continuation and further realisation. Anyone concerned with the business, a claim or a possible acquisition needs more than general information about the opening.
Sections 114a to 114c IO address continuation, the reporting hearing and possible realisation steps. The current order, financial records and procedural position remain decisive.
This article focuses on the decision basis around the reporting hearing. Acquisition of a business unit and general administration are separate topics.
Prepare the report
Which records support continuation?
Business, realisation and court decision require separate review files.
| Review area | Records | Core question |
|---|---|---|
| Continuation | Financial plan, orders, cost overview | Can continuation be evidenced? |
| Realisation | Inventory, valuation, offers | Which assets are concerned? |
| Decision | Report, order, statements | What measure was decided? |
The decision depends on the proceedings and current records.
Continuation or realisation
Which issue should be closed first?
The check orders records before the reporting hearing.
Discuss the specific matter with the firm.
Is the financial basis for continuation documented?
Your answers
Review the documents
Complete missing records
Compare the order, records and actual course before deciding the next step.
Organise assets and offers
Obtain the missing evidence and record which assumption still requires review.
Review order and report together
Prepare the concrete issue with a chronology and the key records for legal review.
Evidence continuation with current figures
Evidence continuation with current figures
Section 114a IO links continuation to the current proceedings and its effect on insolvency creditors. General confidence in continuing the business is not a financial basis.
Keep liquidity status, orders, costs, employees and key contracts on the same reference date.
Understand the reporting hearing as a decision point
Understand the reporting hearing as a decision point
The reporting hearing brings the relevant information together. Participants need to know which facts the report contains and which decision is proposed or made.
Record discrepancies between report, financial plan and actual development separately.
Keep realisation separate from continuation
Keep realisation separate from continuation
Sections 114b and 114c IO address realisation and a possible statutory postponement. A buyer’s interest or a reorganisation plan application does not answer every procedural question.
For offers, identify asset, valuation, conditions and approval route.
Limit a statement to concrete points
Limit a statement to concrete points
A useful statement identifies the report passage, the differing fact and the supporting record.
This makes a decision between continuation, realisation and another procedural step traceable.
Continuation is not a mere intention: Compare report, financial plan, orders and court decision on one reference date.
FAQ
Common questions about the reporting hearing
What is the reporting hearing? +
It brings together and discusses the information relevant to continuation and further procedural steps.
Is a business always continued? +
No. Section 114a IO requires a case-specific review of the proceedings and effect on creditors.
Does an offer immediately trigger realisation? +
No. Asset, valuation, statutory participation and required approvals must be reviewed.
Related questions
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Contact the firm
Insolvency reporting hearing: review continuation and realisation
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