Media type: E-Article Title: Groups of Companies in Insolvency: A German Perspective : Overcoming the Domino Effect in an (International) Group Insolvency Contributor: Siemon, Klaus; Frind, Frank imprint: Wiley, 2013 Published in: International Insolvency Review Language: English DOI: 10.1002/iir.1207 ISSN: 1180-0518; 1099-1107 Origination: Footnote: Description: <jats:title>Abstract</jats:title><jats:p>Based on an analysis concerning the disadvantages of the previous understanding of handling groups of companies by means of consolidation of jurisdiction, the following article illustrates the basic idea of group‐specialized proceedings (<jats:italic>konzernspezifisches Sachwalterverfahren</jats:italic>), avoiding ‘domino effects’ and thereby unnecessary insolvencies of profitable subsidiaries and preserving the assets of these parts of the group to a greater extent than an insolvency situation can. Copyright © 2013 INSOL International and John Wiley & Sons, Ltd</jats:p>