Out of time? | FINANCE Insolvency Report Q1/2018: Only one in four major insolvencies ends in bankruptcy

The reorganization laws amended in 2012 have significantly increased the chances of survival of staggering companies in Germany, partly because they have attracted investors from abroad. Since the beginning of the year, however, the survival rate has fallen significantly again.

The far-reaching changes in German insolvency law, which ended in 2012 with the introduction of the ESUG reorganization directive, have had a positive effect on reorganization cases. As an analysis, which FalkenSteg carried out exclusively for the current FINANCE Insolvency Report, shows, three out of four major insolvencies with a turnover of more than 20 million euros since 2012 have resulted in the rescue of the affected companies.

Download FINANCE-Insolvency-Report Q1/2018