99 IN 153/13•Requirements for an insolvency-plan objection based on disadvantage
99 IN 153/13Court of First InstanceMay 27, 2014Insolvency lawDismissed
Extracted by Omnilex
N I applied on 10 March 2014 for refusal to confirm an insolvency plan dated 19 March 2014. The Bonn District Court rejected the application. It stated that an application under § 251 InsO requires alleged and substantiated facts showing that the applicant is more likely than not to be worse off under the plan than in ordinary insolvency proceedings. The applicant must address the plan’s comparative calculation. The court found the application insufficient under that standard.
§ 251 InsO; an application to refuse confirmation of an insolvency plan on the ground of disadvantage is admissible only where the alleged and substantiated facts establish a predominant probability that the applicant would fare worse under the plan than in ordinary insolvency proceedings. The applicant must engage with the comparative calculation included in the plan; a bare assertion of disadvantage, without sufficiently addressing that calculation, does not meet the statutory threshold.
Entscheidungsdatum: 2014-05-27
Aktenzeichen: 99 IN 153/13
ECLI: ECLI:DE:AGBN:2014:0527.99IN153.13.01
Dokumenttyp: Beschluss
Spruchkörper: 99. Insolvenzabteilung
Der Antrag nach § 251 InsO ist nur zuläassig, wenn sich aus den behaupteten und glaubhaft gemachten Tatsachen die überwiegende Wahrscheinlichkeit einer Schlechterstellung duch den Insolvenzplan gegenüber der Regelinsolvenz ergibt. Der Antragsteller muss sich insoweit mit der im Insolvenzplan enthaltenen Vergleichsberechnung auseinander setzen.
wird der durch Herrn N I, Y-Straße ###, ##### N1 gestellte Antrag vom 10.03.2014 auf Versagung der Bestätigung des Insolvenzplans vom 19.03.2014 zurückgewiesen.
Whether the application under § 251 InsO to refuse confirmation of the insolvency plan was admissible and substantiated.
The applicant must establish and substantiate facts making it more likely than not that the plan places them in a worse position than ordinary insolvency proceedings.
The applicant must engage with the comparative calculation contained in the insolvency plan; the stated requirements were not met.
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