Denial of a claim in insolvency proceedings: Interview with Kristián Hajduk in Konkursní noviny

Konkursní noviny published an interview with associate Kristián Hajduk focusing on practical aspects of the denial of claims in insolvency proceedings.

The interview examines the denial of a claim as a tool available to creditors and discusses the obligations associated with this step. Particular attention is paid to the obligation to provide security for the costs of incidental proceedings, the automatic lapse of such security, and the consequences of a failure to provide it.

A separate section is devoted to the statutory exceptions to the obligation to provide security under the Insolvency Act and to their restrictive interpretation in the case law of the courts. Kristián Hajduk also addresses the specific regime applicable to denials of claims in reorganisation proceedings, where the denial of a claim does not produce legal effects for the duration of the reorganisation and the obligation to pay the relevant fee is temporarily suspended.

The full interview is available here.