Der Arrestvollzug in Seeschiffe während eines Insolvenzverfahrens

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Abstract: Despite the economic relevance of insolvency cases with maritime implications, there is a lack of research studies that examine the associated problems in this respect. In particular, the arresting of vessels counteracts the objectives of insolvency proceedings. This comparative treatise offers scientific scrutiny of this topic and proposes practice-oriented solutions. It examines the protective mechanisms provided by the German and English insolvency laws and measures them according to their cross-border effects. In Germany, effective protection on the basis of the current legal situation is only achievable by classifying registered vessels as movable property. This contrasts with the unanimous opinion to date. This study’s dogmatic starting point is a detailed interpretation of the legal definition of immovable property under insolvency law in § 49 of InsO (Germany’s insolvency code).