BGE 4A_19/2020 - The Federal Court's considerations regarding the deletion of the company from the Commercial Register and its effects on the assignment creditors
In the following, the ruling of the Federal Court of Justice of August 19, 2020 will be explained. In this new decision, the Federal Supreme Court dealt on the one hand with the effects of the deletion of a stock corporation from the Commercial Register after bankruptcy proceedings have been opened against it. With regard to the effects, the Federal Court had to deal in particular with the consequences of the deletion for the creditors of the bankruptcy estate. On the other hand, the decision deals with a more well-knownissue, namely the liability of the bodies of a joint-stock company under the company law.