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BGB 49. 1 The liquidators must complete the current business , collect the receivables , convert the rest of the assets into cash , satisfy the creditors and pay out the surplus to those entitled to receive it . In order to complete transactions that are in progress , the liquidators may also enter into new transactions . The collection of receivables and the conversion of the rest of the assets into cash may be omitted to the extent that these measures are not necessary to satisfy the creditors or to distribute the surplus among those entitled to receive it .
BGB 374. 2 The obligor must notify the obligee of the deposit without undue delay ; in case of failure to do so he is liable in damages . The notice may be omitted if it is impracticable .
BGB 384. 1 The auction is permitted only after the obligee has been warned about it ; the warning may be omitted if the thing is vulnerable to spoilage and postponement of the auction entails danger .
BGB 384. 3 The warning and the notice may be omitted if they are impracticable .