Granting legal aid to insolvency estates

Insolvency & Restructuring

ILO Newsletter, 23. Mai 2014

A Constitutional Court decision has reintroduced the legal entity´s rights to legal aid. Legal entities are again entitled to legal aid pursuant to Section 63 if neither the entity nor the beneficiaries are able to raise the funds necessary to conduct the proceedings and if the proposed enforcement or defence of the rights is not made in bad faith.


Dr. Alexander Isola

M.C.J. (NYU) Partner