Part Eleven – International Insolvency Law

Chapter One – General Provisions

Section 336 – Contracts Relating to Immovable Property

The effects of insolvency proceedings on a contract relating to a right in rem in immovable property or a right to make use of immovable property shall be governed by the law of the state in which the immovable property is situated. In the case of an asset registered in the Register of Ships, Register of Ships under Construction or Register of Liens on Aircraft, the applicable law shall be that of the state under the supervision of which the register is kept.

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German Insolvency Code / in force since 29. December 2016