Eigenverwaltung

Eigenverwaltung is a special form of insolvency procedure anchored in §§ 270 ff. of the Insolvency Code (InsO), where the debtor company conducts the procedure itself under the supervision of a court-appointed custodian. The aim of this 'internal restructuring' is to stabilize ongoing business operations, preserve jobs, and achieve the best possible settlement with creditors. Unlike in regular insolvency proceedings, management remains in office and responsibility, prepares the insolvency plan, and negotiates directly with creditors, suppliers, and investors. The insolvency court orders Eigenverwaltung by resolution and publishes it in the insolvency announcement; this often occurs within the framework of a protective shield procedure (§ 270b InsO). Advantages of Eigenverwaltung include shortened decision-making paths, higher chances of restructuring, and the ability to quickly involve investors. Prerequisites include a positive continuation perspective and a detailed financing concept. For companies that file for insolvency early and communicate transparently, the Eigenverwaltung procedure offers an attractive alternative to classical regular insolvency.

Eigenverwaltung is an insolvency status recorded in the commercial register: resolutions for ordering or lifting appear in the chronological printout. Through the handelsregister.ai API, these entries can be automatically read, allowing users to identify restructuring phases, assess company risks, and optimize compliance processes. Additionally, the handelsregister.ai API enables the retrieval of current insolvency announcements.