The contestation of debtors’ transactions serves to increase the insolvency assets available for distribution to creditors. It is therefore one of an insolvency administrator’s essential legal instruments. On the basis of the right to contestation laid out in sections 129 ff. of the Insolvency Statute (InsO), the insolvency administrator is entitled, before or after filing the application for insolvency, to demand reimbursement of payments made or other transfers of assets made in a manner inadmissible under insolvency law, or to reverse them.
The contestation of debtors’ transactions is a complex process that requires cross-industry and cross-disciplinary legal and economic expertise.
Thanks to our focus on insolvency and corporate law as well as procedural law, LEONHARDT RATTUNDE also has at its disposal the special expertise required to handle briefs related to the contestation of debtors’ transactions. Our specialized attorneys at LEONHARDT RATTUNDE draw on many years of experience and expertise in the enforcement and defence of contestation claims, in particular in the areas of litigation and dispute resolution. Where necessary, we at LEONHARDT RATTUNDE also works together closely as teams of experts from various areas (litigation, accounting, etc.) in order to be able to offer an optimum, one-stop, multidisciplinary representation of interests.
We represent every kind of client: insolvency administrators in the enforcement of insolvency claims, companies from all sectors, public authorities, and private individuals when defending against contestation claims.
Talk to us. We are active across Germany.
The examination of contestation claims is a part of every insolvency proceeding. We are experts in this field and represent both insolvency administrators and parties to contested transactions – in and out of court.