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Part 7 · Coordination of proceedings concerning debtors which are members of same group of companies  ›  Division 2 · Coordination proceedings › Section 269f

Coordinatorʼs tasks and legal status

(1) The coordinator is required to ensure that the proceedings against the debtor companies in a group of companies are coordinated insofar as this is in the creditors’ interests. To that end, the coordinator may, in particular, submit a coordination plan. The coordinator may explain this coordination plan at the relevant creditors’ assemblies or have it explained by a person authorised by the coordinator to do so.

(2) The insolvency administrators and provisional insolvency administrators of the debtor companies in a group of companies are obliged to cooperate with the coordinator. Upon request, they are required, in particular, to provide the coordinator with the information required in the expedient performance of his or her work.

(3) Unless otherwise provided under this Part, section 27 (2) no. 4, sections 56 to 60 and sections 62 to 65 apply accordingly to the appointment of the coordinator, to the supervision exercised by the insolvency court, and to liability and remuneration.

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