No determination of insolvency claims in criminal proceedings

Insolvenz und Sanierung

ILO Newsletter, November 18, 2011

The Supreme Court recently clarified its position on whether injured persons could also join criminal proceedings as private parties if the offender has filed for insolvency. It ruled that creditors may join criminal proceedings as private parties in such cases only if the claims result from the prosecuted criminal action, arose after insolvency proceedings were opened and are not affected by the effects of the insolvency proceedings. 


Alexander

Dr. Alexander Isola

M.C.J. (NYU) Partner
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