Insolvency proceedings - Regelinsolvenz [standard insolvency proceedings] - business operations - conduct - self-filed petition

• Right to file an application • The application to open insolvency proceedings must be filed by at least one member of the representative body (e.g. managing director, executive board, etc.). • For a GmbH (limited liability company) without management, i.e. if there is no managing director left, the application may also be filed by the shareholders. • For an Aktiengesellschaft (stock corporation) without management, i.e. if there is no executive board left, the application may be filed by the members of the supervisory board (Aufsichtsrat). • If the application is not filed by all representative bodies, all shareholders, or all members of the supervisory board, the grounds for opening proceedings must be substantiated by directly accessible evidence.

• Application for the opening of insolvency proceedings (Antrag auf Eröffnung eines Insolvenzverfahrens) Submit a fully completed application. The application provided under "Forms" contains all required information. • In special cases: credible demonstration of the grounds for insolvency Documents/direct evidence establishing the grounds for opening proceedings must be submitted here. These documents only need to be submitted if the application is not made by all representative bodies, all shareholders, or all members of the supervisory board.

• Application for the opening of insolvency proceedings, attachments and information sheets (Justizportal-NRW [North Rhine-Westphalia Justice Portal]) www.justiz.nrw/BS/formulare/insolvenz/eroeffnung_insolvenzve

Court costs and the remuneration of the insolvency administrator are incurred, the amount of which depends on the insolvency estate (Masse).

• Insolvenzordnung (InsO) (Insolvency Code) www.gesetze-im-internet.de/inso/ • Insolvenzrechtliche Vergütungsverordnung (InsVV) (Insolvency Remuneration Ordinance) www.gesetze-im-internet.de/insvv/ • Gerichtskostengesetz (GKG) (Court Fees Act) www.gesetze-im-internet.de/gkg_2004/

The Amtsgericht Berlin Charlottenburg (Charlottenburg local court) has central responsibility for handling regular insolvency proceedings (Regelinsolvenzverfahren) concerning the assets of a business.