Suspension of the statute of limitations when filing the conciliation application

By 31.12.2023, a large number of potential claims are once again at risk of becoming time-barred. An effective and inexpensive way of suspending the limitation period for claims is to initiate conciliation proceedings before a state-recognized dispute resolution body (also known as a conciliation office). If the application for conciliation is received by a state-recognized dispute resolution body before the end of 31.12.2023, the limitation period for a claim can be suspended.