Prenzlauer Baubedarf – Opening of preliminary insolvency proceedings

Prenzlau/Potsdam, April 17, 2018. Attorney Christian Graf Brockdorff from BBL Bernsau Brockdorff Insolvenz- und Zwangsverwalter GbR, a law firm specialized in reorganization and insolvency, was appointed as preliminary insolvency administrator of Prenzlauer Baubedarf GmbH by the District Court of Neuruppin (ref.: 15 IN 82/18). According to the managing director of Prenzlauer Baubedarf GmbH, Mr. Lutz […]

New Insolvency Law for Group of Companies in Germany: Proceedings More Effective Through Mediation

Typical conflicts in restructurings, especially in insolvencies of group of companies, are well-suited for mediation or mediation techniques. Under newly enacted rules on insolvencies of group of companies, both the European and the German legislator have introduced the position of a coordinator for the better handling of insolvencies in the event that several companies of […]

Beate Uhse AG: Creditors’ meeting approves insolvency plan – important milestone in the restructuring of the Group

Flensburg, 04 April 2018 Beate Uhse Aktiengesellschaft (ISIN DE0007551400, WKN 755140) announces that today’s creditors’ meeting has unanimously approved the presented insolvency plan (AZ: 56 IN 230/17). The approval of the creditors was an important step in the planned restructuring of the Beate Uhse Group. A comprehensive financial restructuring of the Beate Uhse Group is […]