Year: 2018

Restructuring of Beate Uhse successful

Insolvency plan entered into force – New start as “be you GmbH” under new ownership Flensburg, 20 June 2018 After the expiration of today’s final deadlines for objections against Beate Uhse AG’s insolvency plan and as the remaining formal hurdles have been removed, the company’s core has been saved. The company will continue as “be […]

Preliminary insolvency administration ordered for AluGlasBau Eberswalde

Frankfurt(Oder)/Potsdam, 15 June 2018 By order of Local Court of Frankfurt Oder of 12 June 2018, preliminary insolvency administration has been ordered for the assets of AluGlasBau Eberswalde GmbH. The restructuring expert Christian Graf Brockdorff of the law firm BBL Bernsau Brockdorff Insolvenz- und Zwangsverwalter GbR in Potsdam was appointed preliminary insolvency administrator. AluGlasBau Eberswalde […]

“Berlin Pflege Einklang” – preliminary insolvency administration ordered

Berlin/Potsdam, 15th June 2018. By order of the Charlottenburg District Court of 8 June 2018, preliminary insolvency administration was ordered for the assets of Ms. Doreen Meier, owner of the service company “Berlin Pflege Einklang”. Christian Graf Brockdorff, a lawyer experienced in restructuring companies, has been appointed preliminary insolvency administrator by BBL Bernsau Brockdorff Insolvenz- […]

Heimatschwestern GmbH – preliminary insolvency administration ordered

Neuruppin/Potsdam, 8th June 2018. By order of the District Court of Neuruppin of 6 June 2018, preliminary insolvency administration has been ordered for the assets of Heimatschwestern GmbH. The restructuring expert Christian Graf Brockdorff of the law firm BBL Bernsau Brockdorff Insolvenz- und Zwangsverwalter GbR in Potsdam, was appointed preliminary insolvency administrator. Heimatschwestern GmbH is […]

New challenges Regarding Staff-Related Restructuring Measures in Insolvent Group of Companies

Legal and economic interdependencies within a group of companies usually complicate staff-related measures such as mass dismissals as well as negotiations with (group) works councils regarding changes in operations. This situation is even more complicated in the event that more than one company in a group becomes insolvent. In April 2018 Germany has introduced new […]

Fischhandel Hagenah GmbH sold to EDEKA Minden-Hannover

Successful conclusion of insolvency proceedings under self-administration p>Hamburg/Minden, May 2, 2018: With the takeover by the cooperatively organised regional company EDEKA Minden-Hannover, the business operations of the established Hamburg fish trader Hagenah GmbH have been sustainably secured and all approximately 80 jobs are retained. At the end of October 2017, the Hagenah GmbH with its […]

Move24 Group GmbH – Opening of insolvency proceedings

Berlin/Potsdam, 2nd May 2018. The district court Charlottenburg (file number: 36m IN 908/18) opened insolvency proceedings against Move24 Group GmbH on 1st May 2018. Christian Graf Brockdorff, of BBL Bernsau Brockdorff Insolvenz- und Zwangsverwalter GbR, a law firm specialised in restructuring and insolvency, was appointed insolvency administrator. Important milestones for the sale of the company’s […]

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 […]

Beate Uhse AG: Subsidiary Beate Uhse Netherlands B.V. receives mass loan of EUR 5 million for further restructuring

Flensburg, 26 March 2018 Beate Uhse Aktiengesellschaft (ISIN DE0007551400, WKN 755140) announces that its subsidiary Beate Uhse Netherlands B.V., which is in self-administration in preliminary insolvency proceedings, has today been granted a mass loan of EUR 5.0 million. These funds are provided by Prime Capital Debt SCS, SICAV-FIS Robus Recovery Sub-Fund, which also granted Beate […]

Peiner Umformtechnik GmbH: Preliminary Debtor-in-Possession-Proceedings opened in preliminary insolvency proceedings

Dr. Thomas Dückers appointed as new Managing Director Significance of Debtor-in-Possession-Proceedings: The management stays in charge and is fully capable of acting on behalf of the Company Restructuring expert Dr. Alexander Hoepfner of BBL Bernsau Brockdorff & Partner Rechtsanwälte appointed as General Representative Manuel Sack, of Brinkmann & Partner appointed as preliminary custodian Business operations […]