Extension of the suspension of the obligation to file for insolvency due to the COVID-19-pandemic

On January 28, 2021, the German legislator adopted the further extension of the suspension of the obligation to file for insolvency in the event of over-indebtedness and illiquidity until April 30, 2021. To benefit from the (further) suspension, the affected company must file an application for financial aid in the period of November 1, 2020, until February 28, 2021....
By: Dentons

Array