The powers of an insolvency administrator in regards to secondary proceedings.

(Final title in progress)

Hanna Rosiak

Based on the case I have been working on for the CMS newsletter – the case of MG Probud – I would like to focus on the powers of an insolvency administrator in regards to the secondary proceedings. I would like to look deeper into case law and practice – how does secondary proceedings work for an administrator, whether their opening actually is of advantage for the main administrator in the country of the opening of main proceedings.

I would like to take into consideration the best possible solutions for administrators in cross-border insolvency cases – whether they should file for opening of the secondary proceedings or maybe it would be better to develop other kinds of cooperation, like recently introduced (in the case of the Lehman Brothers) International Protocol.