Krida
Krida (from medieval Latin Crida "public outcry, summoning [the creditor]", the verb cridare "scream" in Liechtenstein bankruptcy ) is a criminal offense in Austria and Liechtenstein Criminal Code (Criminal Code). It corresponds roughly to German bankruptcy . The law distinguishes between fraudulent and negligent krida.
Fraudulent Krida
According to Section 156 of the Criminal Code (Austria, Liechtenstein), anyone who thwarts or diminishes the satisfaction of one of their creditors by concealing or reducing their assets is punished for fraudulent crime (Liechtenstein: Fraudulent bankruptcy) with imprisonment from six months to five years . If the damage caused by the act exceeds 300,000 euros (in Liechtenstein: "particularly large damage"), the penalty is one to ten years. A success is therefore required, i. H. a bad debt loss from a creditor. The perpetrator is less often referred to as "Kridatar".
Negligent Krida
Pursuant to Section 159 of the Criminal Code (Austria, Liechtenstein), the penalty for negligent krida was up to two years or three years if the act shook the national economy or the economic existence of many people was significantly impaired. The corresponding § 159 was changed in Austria in August 2000 and in Liechtenstein in 2007 to “grossly negligent impairment of creditors' interests”. B. late filing of bankruptcy or disproportionate borrowing are no longer a criminal offense. However, they can still be classified as a krida-laden act.
Individual evidence
- ↑ Krida - when do I commit a crime? Website of entrepreneurs in need. Retrieved December 31, 2011.
