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Status: 2024-01-23
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Who can file for insolvency for a German GmbH (=Limited liability company)?

The managing directors of a GmbH can file for insolvency if inability to pay, imminent inability to pay or over-indebtedness has occurred. If a GmbH has no managing directors, any shareholder can also file for insolvency. If the insolvency application is not filed by all members of the management, a credible reason for insolvency must […]

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