Insolvency Administration

Regular insolvency administration takes place in the interest of the creditors (§ 1 InsO) and as a service for the respective insolvency court. The focus here is on securing the assets of a company as well as stabilizing and continuing business operations in the first days and weeks after an insolvency application and appointment decision. For this purpose, the insolvency administrator and his team assume administrative and disposal authority from the moment the insolvency is opened and occupy the interfaces within the company.

In the further course of a procedure, negotiation and corporate management experience as well as controlling and back office organization are primarily required. The best possible results and especially creditor satisfaction can only be achieved through experienced coordination and skillful negotiation with stakeholders at the right moment. In addition, the best possible compilation and securing of information and documents related to the company and procedure are necessary, as well as the corresponding experience in communication with the insolvency courts and their judges and judicial officers.

For a proper distribution of the realized values, a table created and maintained by experienced specialists is needed to record all creditors, their claims, as well as their company and bank data.

For all these activities and qualifications, horizon-re has a team of experienced insolvency experts, caseworkers, and commercial as well as tax and accounting specialists.

For us, in regular insolvency administration, the maintenance of proper business operations, the preservation of jobs, and transparency towards all stakeholders of an insolvency procedure and the insolvency courts are paramount in the sense of the best possible creditor satisfaction.