{"id":12243,"date":"2021-07-16T13:18:10","date_gmt":"2021-07-16T11:18:10","guid":{"rendered":"https:\/\/www.brrs-rechtsanwaelte.de\/?p=12243"},"modified":"2021-09-08T09:46:06","modified_gmt":"2021-09-08T07:46:06","slug":"bgh-revision-of-precedents","status":"publish","type":"post","link":"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/","title":{"rendered":"BGH revision of precedents"},"content":{"rendered":"<section class=\"l-section wpb_row height_medium\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><strong>On May 6, 2021, the IX<sup>th<\/sup> Senate of the Federal Court of Justice issued in a decision (IX ZR 72\/20) a detailed opinion on the subjective prerequisites for contestation of willfully disadvantageous transactions (Section 133 Insolvency Act [<em>Insolvenzordnung; InsO<\/em>]) and in part departed from the Senate\u2019s previous decisions (\u201crevision\u201d).<\/strong><\/p>\n<p>Attorney and insolvency administrator Joachim B\u00fcttner considers this decision to be particularly relevant in practice, as \u201cthe contestation of willfully disadvantageous transactions has been extended to include a future dimension in the subjective elements of the act. The moment of the insolvency is not the sole determining factor. The decisive factor now is whether the insolvency debtor also knew, or accepted in full awareness, that it would still be insolvent in the future. The party opposing the contestation was consequently aware of the willful disadvantageousness of the transaction if it knew of this situation.<\/p>\n<p>\u201cIn addition, the insolvency administrator now also has the burden of presenting and proving the actual circumstances that must be realized in addition to a recognized insolvency and that there was no reasonable prospect of remedying the illiquidity. However, a lack of prospects of closing the coverage gap must be assumed if the cause of the insolvency has not been eliminated and the debtor has simply continued to \u2018muddle through\u2019.\u201d<\/p>\n<p>Consequently, it will become more difficult for insolvency administrators to prove the debtor\u2019s intent to disadvantage creditors and the knowledge of the party opposing the contestation.<\/p>\n<p>The decision of the lower court was annulled. The matter was referred back to the previous court.<\/p>\n<p>Link to the BGH decision of May 6, 2021, IX ZR 72\/20:<\/p>\n<p><a href=\"https:\/\/juris.bundesgerichtshof.de\/cgi-bin\/rechtsprechung\/document.py?Gericht=bgh&amp;Art=en&amp;sid=32c58a0c10ce4d2f521e4648b6ace44e&amp;nr=119863&amp;pos=0&amp;anz=1\">https:\/\/juris.bundesgerichtshof.de\/cgi-bin\/rechtsprechung\/document.py?Gericht=bgh&amp;Art=en&amp;sid=32c58a0c10ce4d2f521e4648b6ace44e&amp;nr=119863&amp;pos=0&amp;anz=1<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"On May 6, 2021, the IXth Senate of the Federal Court of Justice issued in a decision (IX ZR 72\/20) a detailed opinion on the subjective prerequisites for contestation of willfully disadvantageous transactions (Section 133 Insolvency Act [Insolvenzordnung; InsO]) and in part departed from the Senate\u2019s previous decisions (\u201crevision\u201d). Attorney and insolvency administrator Joachim B\u00fcttner...","protected":false},"author":2,"featured_media":11626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[94],"tags":[],"class_list":["post-12243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hamburg-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BGH revision of precedents - BRRS Rechtsanw\u00e4lte \u2013 Insolvenzverwaltung \/ Restrukturierung<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BGH revision of precedents - 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BRRS Rechtsanw\u00e4lte \u2013 Insolvenzverwaltung \/ Restrukturierung","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/","og_locale":"en_US","og_type":"article","og_title":"BGH revision of precedents - BRRS Rechtsanw\u00e4lte \u2013 Insolvenzverwaltung \/ Restrukturierung","og_url":"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/","og_site_name":"BRRS Rechtsanw\u00e4lte \u2013 Insolvenzverwaltung \/ Restrukturierung","article_published_time":"2021-07-16T11:18:10+00:00","article_modified_time":"2021-09-08T07:46:06+00:00","og_image":[{"width":1007,"height":755,"url":"https:\/\/www.brrs-rechtsanwaelte.de\/wp-content\/uploads\/2021\/07\/buettner-news02-1.jpg","type":"image\/jpeg"}],"author":"Thomas Baumhoff","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Thomas Baumhoff","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/#article","isPartOf":{"@id":"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/"},"author":{"name":"Thomas Baumhoff","@id":"https:\/\/www.brrs-rechtsanwaelte.de\/de\/#\/schema\/person\/f3216c8fa158a32bf2d76ecd1516e7f4"},"headline":"BGH revision of precedents","datePublished":"2021-07-16T11:18:10+00:00","dateModified":"2021-09-08T07:46:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/"},"wordCount":313,"publisher":{"@id":"https:\/\/www.brrs-rechtsanwaelte.de\/de\/#organization"},"image":{"@id":"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/#primaryimage"},"thumbnailUrl":"https:\/\/www.brrs-rechtsanwaelte.de\/wp-content\/uploads\/2021\/07\/buettner-news02-1.jpg","articleSection":["Hamburg"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/","url":"https:\/\/www.brrs-rechtsanwaelte.de\/en\/2021\/07\/16\/bgh-revision-of-precedents\/","name":"BGH revision of precedents - 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