Corporate Restructuring PT
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International Insolvency Law: European Insolvency Regulation & US Bankruptcy Code (E)

level of course unit

second cycle, Master

Learning outcomes of course unit

Upon successful completion of the course, students can recall the basics of the European Insolvency Regulation and the U.S. Bankruptcy Code as well access further information if required.

prerequisites and co-requisites

not applicable

course contents

European Insolvency Regulation:
• How can property distributed in several states be reasonably recorded and used?
• How can an equal distribution of the asset(s) among the international creditors be guaranteed?
• Is it necessary to initiate more than one proceeding; and if so in which state?
• Do the legal effects of the proceeding also affect other states?
• What law should apply?

U.S. Bankruptcy Code:
Chapter 11 as a section of the bankruptcy law of the United States allows in insolvency proceedings that legal actions of creditors against the debtors are prevented until the completion of the reorganization.
In the past, many large U.S. companies have successfully completed a restructuring process with this method and were able to maintain their daily operations.

recommended or required reading

Exler, Markus; Hrsg. (2013) Restrukturierungs- und Turnaround-Management, Berlin,
Übereinkommens über Insolvenzverfahren im deutschen Recht, Tübingen
Gottwald, P. (1997). Grenzüberschreitende Insolvenzen, München
Duursma-Kepplinger, H.-C., Duursma, D. & Chalupsky, E. (2002) Europäische Insolvenzordnung, Wien
Virgos, M. & Schmitt, E. (1997) Erläuternder Bericht zu dem EU-Übereinkommen über Insolvenzverfahren. In: Stoll: Vorschläge und Gutachten zur Umsetzung des EU
Verordnung (EG) Nr. 1346/2000 des Rates vom 29. Mai 200 über Insolvenzverfahren

assessment methods and criteria

written examination or homework

language of instruction


number of ECTS credits allocated


course-hours-per-week (chw)


planned learning activities and teaching methods

Lecture, group work, presentation and task discussion

semester/trimester when the course unit is delivered


name of lecturer(s)

Dr. Lothar Czaja

year of study

2.year of studies

recommended optional program components

not applicable

course unit code


type of course unit

compulsory (integrated lecture)

mode of delivery

In-class course

work placement(s)

not applicable


Situm Mario
Prof. (FH) DDr. Mario Situm, MBA
Director of Studies
+43 5372 71819 147
questions -  Any
Any questions -
We are here to help you.
+43 5372 71819 500

Internationales Symposium Restrukturierung

Am 23. Oktober 2020 findet das „9. Internationale Symposium Restrukturierung“ an der Fachhochschule Kufstein Tirol statt.

Im Mittelpunkt der Jahreskonferenz 2020 steht das Rahmenthema "Gute Führung". Details finden Sie hier.

Restrukturierungs- und Turnaround-Management

ild: Buch Restrukturierungs- und Turnaround- Management


Der berufsbegleitende Masterstudiengang „Unternehmensrestrukturierung & -sanierung“ ist nach einjähriger Begutachtung offiziell „TMA zertifiziert“ – das renommierte Qualitätssiegel des Verbandes der deutschen Restrukturierungsexperten (TMA).

Weitere Informationen siehe hier.