Insolvency

Can an investor buy the insolvency administrator´s right to contest a (real estate) transaction, which the insolvent debtor concluded before the opening of the insolvency proceedings?

Stephanie Bauer
08/08/2019

Yes, in a recent case an insolvency administrator successfully sold to an investor for a purchase price of EUR 5,000 the right to contest the insolvent company’s sale of a real estate to the wife of the manager of the insolvent company. The investor then filed a lawsuit against the

Austrian Law Blog:

Can an investor buy the insolvency administrator´s right to contest a (real estate) transaction, which the insolvent debtor concluded before the opening of the insolvency proceedings?