Restructuring: Current options for action in view of structural and economic challenges in post-coronavirus times
Two years of the pandemic are behind us, the coronavirus is still present, and the burdens on business life are considerable. With the Act to Mitigate the Consequences of the Coronavirus Pandemic, the Federal Government has imposed a suspension of insolvency proceedings until April 30, 2021, under insolvency law. The obligation to file for insolvency has now been fully reinstated.
What will happen after the coronavirus pandemic? What do angel investors and startups need to prepare for? How can they manage the transition when coronavirus aid and KfW loans expire? Will long-term COVID-19 consequences also affect them? And what legal considerations should be made?
