Juristische Personen als Insolvenzverwalter?

The question of the admissibility of legal entities as insolvency administrators in German proceedings is confirmed by the author. The entry point for the investigation was the decision of the Federal Constitutional Court on the constitutionality of the exclusion of legal entities as insolvency administrators and the inclusion of a Spanish corporation in the preselection list of a Mannheim insolvency judge. The author examines the question of admissibility from a statistical, comparative and European law perspective.

The work provides interesting analyses of insolvency proceedings and the appointment frequency of administrators in Germany and Spain as well as a comprehensive analysis of the regulations of the Spanish insolvency law in force since 2011 regarding the appointment of legal entities as insolvency administrators.

This work is particularly worthwhile for all those who are concerned with the interest-oriented and effective design of insolvency proceedings.