- Jurisdiction: CountryFinland
- Website: http://www.konkurssiasiamies.fi/
- Company Address:
Office of the Bankruptcy Ombudsman
- Scope of Role:
The Ombudsman has mainly supervisory and advisory role on administrators in both liquidation and restructuring proceedings. In liquidation proceedings the creditors have the decision-making power, and the Ombudsman’s influence towards them is more unofficial.
The main duty of the Ombudsman is to supervise that bankruptcy estates are administered according to the law and in accordance with the proper practice of administering the estates. The duty of the Ombudsman is also to develop the proper practice of administering the bankruptcy estates.
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