Austria on Insolvency/Bankruptcy

In our practice, we have found that the most common reason for distressed companies to initiate reorganisation measures is a severe liquidity squeeze.

The Austrian legal system is steeped in civil law. Laws are based on codes and statutes. Civil procedure contemplates an adversarial process with inquisitorial elements...

Restructuring & Insolvency Comparative Guide for the jurisdiction of Austria, check out our comparative guides section to compare across multiple countries