About Dr. Richard Nouvertné

Dr. Richard Nouvertné advises our private clients and companies in civil cases and in particular in the fields of corporate law, banking law and insolvency law. As a decades-long board member of a renowned German credit institution, Dr. Nouvertné has extensive industry knowledge. He supports our clients using his in-depth knowledge and years of practical experience.

Lycamobile Insolvency Germany – Filing Claims

Lycamobile is a well-known mobile virtual network operator (MVNO) operating in numerous countries, with its headquarters in the United Kingdom. In 2021, their German subsidiary, which was called "Lycamobile Germany" before it rebranded to "Amalasandan Dienstleistungen GmbH", filed for bankruptcy due to a tax debt of €70 million. Lycamobile has had disputes with the [...]

How to Respond to Protective Shield Proceedings as a Creditor

Protective shield proceedings are used in Germany to allow companies to restructure themselves in the face of likely insolvency. Such proceedings can provide the debtor with time to restructure their company, with guidance from the insolvency courts, and, as long as they make progress, avoid insolvency proceedings. Protective shield proceedings are provided for in [...]

Suspension of Insolvency Filing Obligations in Germany: Creditors’ Options. COVID-19 Coronavirus

With § 1 COVInsAG (the Coronavirus Act), the legislator has suspended the obligation of corporate bodies with limited liability to file for insolvency under § 15a InsO and § 42(2) BGB until 30.9.2020 if the insolvency maturity is based on the consequences of the spread of the coronavirus and if there are prospects of eliminating [...]

Managing Directors’ Liability Insolvency Germany: COVID-19 Coronavirus

The current coronavirus crisis is putting increasing financial and economic pressure on companies. Above all, managing directors of limited liability companies (GmbH) must deal with the crisis properly. Otherwise, a company's managing director may become liable with their own assets. The necessary knowledge about one's rights and obligations as a managing director should be known [...]