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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 203 If negotiations between the obligor and the obligee are in progress in respect of the claim or the circumstances giving rise to the claim , the limitation period is suspended until one party or the other refuses to continue the negotiations . The claim is statute-barred at the earliest three months after the end of the suspension .
BGB 730. 2 For the termination of transactions in progress , for the entering into of new business required for this purpose and for the maintenance and administration of the assets of the partnership , the partnership is deemed to be carried on to the extent the purpose of the winding-up so requires . However , the authority to manage to which a partner is entitled under the partnership agreement is extinguished , unless the contract leads to a different conclusion , upon dissolution of the partnership ; from dissolution onwards all partners are entitled to jointly manage its business .
Section 740 Sharing in the financial results of transactions in progress