StaRUG – Preventive Restructuring Framework: Securing Perspectives

Business restructuring, before insolvency. The Preventive Restructuring Framework allows businesses to remain fit for the future. Most important requirement: the business is not insolvent and has prepared a restructuring concept.

The new StaRUG – the German Act on the Stabilisation and Restructuring of Businesses – provides a comprehensive tool box with new features to restructure businesses fast and effectively. Schultze & Braun advises businesses in the timely preparation and professional implementation of the necessary measures. Schultze & Braun protects officers from liability and – if requested – offers project management, including taking over interim corporate positions.

StaRUG: Plan monitoring

StaRUG: Refusal of plan confirmation

StaRUG: Effects of the confirmed plan

StaRUG: Plan confirmation

StaRUG: Protection of minorities

StaRUG: Court-supervised plan voting

StaRUG: The preliminary review

StaRUG: The plan offer

StaRUG: Stabilisation

StaRUG: Special Tools in the Stabilisation and Restructuring Framework (section 29)

StaRUG: Advisor obligations and advisor liability

The StaRUG Restructuring Plan: Companies have the choice how to reorganize their future business

The New StaRUG and the Restructuring Plan

StaRUG – (Non-) publicity of the procedure

StaRUG: Notice of the restructuring project

Act on the Stabilisation and Restructuring Framework for Businesses: Rehabilitation with a mediator

Early warning under StaRUG – the new German law adopting the EU Directive on Preventive Restructuring

Dr. Braun, Eberhard (Editor) Achern

Including an article looking at the preventive restructuring framework implemented in German legislation as well as a translation of the new StaRUG into English.

Download of the StaRUG in English: Act on the Stabilisation and Restructuring Framework for Businesses.