Laschet for extended suspension of bankruptcy filings

(GermanPolicy.com) – The candidate for the office of Federal Chancellor, Armin Laschet (CDU), would like to see the obligation to file for insolvency for companies suspended in the regions affected by the recent flood disaster. The obligation to file for bankruptcy has already been lifted until the end of October. Laschet emphasized that the moratorium must apply until January 2022. The deputy chairman of the Union parties in the Bundestag, Thorsten Frei (CDU), confirmed that previously solvent companies should not end up in ruin, as a result of the disaster.

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