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Your press contact: Patrick Sutter, relatio PR, +49 89 210 257-0, press@pluta.net

PLUTA restructuring expert Dr Thiemann finds investor for WPM

12 December 2019 · Leipzig · Business Area Insolvency Administration

  • Long-established testing company acquired by a strategic investor
  • All the jobs have been saved

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PLUTA restructuring expert Florian Schiller finds a buyer for Maier Drehtechnologie GmbH

3 December 2019 · Singen · Business Area Insolvency Administration

Insolvency administrator Mr Florian Schiller from PLUTA Rechtsanwalts GmbH succeeded in finding an investor for Maier Drehtechnologie GmbH, based in Dunningen. The new owner is wafi Stahltechnologie GmbH & Co. KG, located in Sulz, which was advised in this process by Mr Christian Kühn, an attorney from the Reutlingen-based law firm Dr. Kroll & Partner. The purchase agreement was signed last Friday, and operations have been transferred with effect from 1 December 2019.

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PLUTA restructuring expert Frank Schorisch appointed as provisional administrator for Göding + Partner GmbH

28 November 2019 · Bielefeld · Business Area Insolvency Administration

By an order of 21 November 2019, the Local Court of Bielefeld appointed Mr Frank Schorisch from PLUTA Rechtsanwalts GmbH as the provisional insolvency administrator for Göding + Partner GmbH. The family-managed medium-sized company, based in Spenge, had to file the application due to a decline in sales as a result of the difficult economic situation faced by automotive suppliers.

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Gustav Knippschild GmbH files for debtor-in-possession proceedings – PLUTA restructuring expert Torsten Gutmann providing the company with advice

27 November 2019 · Bückeburg · Business Area Restructuring

Gustav Knippschild GmbH, based in Rinteln, filed an application with the Local Court of Bückeburg for the opening of debtor-in-possession insolvency proceedings on 22 November 2019. The PLUTA restructuring expert Mr Torsten Gutmann will provide the mechanical engineering company with advice during the proceedings.

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Sander Maschinenbau GmbH & Co. KG files for debtor-in-possession proceedings – Management being advised by PLUTA restructuring expert Torsten Gutmann

27 November 2019 · Bückeburg · Business Area Restructuring

Sander Maschinenbau GmbH & Co. KG, based in Rinteln, filed an application with the Local Court of Bückeburg for the opening of debtor-in-possession insolvency proceedings on 22 November 2019. The PLUTA restructuring expert Mr Torsten Gutmann will provide the mechanical engineering company with advice during the proceedings. The company has close business relations with Gustav Knippschild GmbH, which also filed for insolvency.

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PLUTA restructuring expert Michael Bremen looking for a strategic partner for Berns Bakery

20 November 2019 · Düsseldorf · Business Area Insolvency Administration

The insolvency administrator Mr Michael Bremen from PLUTA Rechtsanwalts GmbH is currently holding promising talks with potential partners for Bäckerei Berns KG. In the meantime, the bakery’s business operations are being continued.

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PLUTA restructuring expert Ilkin Bananyarli appointed provisional administrator for plant construction firm Stambera

19 November 2019 · Stuttgart · Business Area Insolvency Administration

By an order of 14 November 2019, the Local Court of Stuttgart appointed Mr Ilkin Bananyarli from PLUTA Rechtsanwalts GmbH as the provisional insolvency administrator for Stambera Verpackungsmaschinen GmbH. The company’s business operations have been maintained without restrictions since the application was filed, and all orders are being processed as planned. Employee salaries are guaranteed for a period of three months thanks to specific substitute benefits provided under German insolvency law.

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PLUTA restructuring expert Stefan Meyer starts process of finding an Investor for HIK Systeme und Module

8 November 2019 · Lübbecke · Business Area Insolvency Administration

Mr Stefan Meyer from PLUTA Rechtsanwalts GmbH has started the process of finding an investor for the metal construction company HIK Systeme und Module. Together with the renowned M&A specialists from Montag & Montag, the restructuring expert is speaking to the first parties interested in investing in the long-established company based in Rahden.

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Insolvency plan for GERRY WEBER International AG now legally effective and ready for implementation

25 October 2019 · Bielefeld · Business Area Insolvency Administration

The insolvency plan for GERRY WEBER International AG (GWI), which was approved by the creditors on 18 September 2019, has become legally effective, which means that it can now be implemented.According to these InsO provisions, a complaint can be rejected in accelerated proceedings if the disadvantages that may result from the implementation of the plan being delayed override those that may be caused to the complainants.

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Restructuring expert Michael Pluta finds investor for bus equipment provider Frenzel

18 October 2019 · Heilbronn · Business Area Insolvency Administration

Mr Michael Pluta has succeeded in finding an investor for the well-known bus equipment provider Frenzel GmbH, based in Obersulm in Swabia. The restructuring expert and his team sold the business to Frenzel Competence GmbH as part of an asset deal with effect from 1 October 2019. All of the 60 jobs have been saved.

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Restructuring plan for vehicle producer Meier-Ratio unanimously approved by creditors

16 October 2019 · Dessau-Roßlau · Business Area Insolvency Administration

The creditors of the vehicle producer Meier-Ratio unanimously voted for the restructuring concept to be implemented at short notice. During the discussion and voting meeting at the Local Court of Dessau-Roßlau, they gave the green light to continue to pursue the restructuring process so as to bring the proceedings quickly to an end.

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Restructuring process for Bagel Bakery successfully completed

14 October 2019 · Gutenborn · Business Area Insolvency Administration

The Local Court of Halle (Saale) has successfully brought to an end the debtor-in-possession proceedings, which had been opened on 1 July 2018, for Bagel Bakery GmbH, a producer of American bakery products. In June, the creditors had unanimously approved the insolvency plan submitted by the company.

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Solution found for Plant Construction Company SFI Stotz Fredenhagen Industries

9 October 2019 · Stuttgart · Business Area Restructuring

In the debtor-in-possession proceedings for the Kornwestheim-based plant construction company SFI Stotz Fredenhagen Industries, a long-term solution has been found under the leadership of Mr Steffen Beck from PLUTA Rechtsanwalts GmbH. The management team, headed by Hans Georg Schneider, Gregor Bernhard and Philipp Schöck, took over the business with effect from 1 October 2019. The purchase agreement has already been approved by the creditors’ assembly. The persons responsible for the transaction have agreed to maintain confidentiality about the purchase price.

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Dormacenter in Dormagen to be revitalised under a restructuring plan

20 September 2019 · Dormagen · Business Area Insolvency Administration

The Dormacenter in Dormagen is to be revitalised under a restructuring plan. The multi-faceted shopping centre comprises a specialist retail centre, a restaurant business and a multiplex cinema on a total usable floor space of more than 10,000 square metres, as well as an underground garage.

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GERRY WEBER: vast majority of creditors approve insolvency plan

18 September 2019 · Bielefeld · Business Area Insolvency Administration

At today’s discussion and voting meeting appointed by the court, the vast majority of the creditors of GERRY WEBER International AG (GWI) approved the insolvency plan which provides for the company being preserved. The plan was approved by all creditor groups, except for the shareholders, which are expected to leave the company in the planned financial restructuring process.

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PLUTA restructuring expert Dr Christian Kaufmann finds a long-term solution for the bus company Gerhard Paul von Grönheim

13 September 2019 · Friesoythe · Business Area Insolvency Administration

The restructuring expert Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH has succeeded in finding a solution for the bus company Gerhard Paul von Grönheim, which will allow the business to be preserved in a new entity. The company ‘von Grönheim Personenbeförderung GmbH & Co. KG’ has taken over the business operations with effect from 1 September 2019. All the remaining 86 members of staff have been kept on.

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Blanke Management GmbH acquires forwarder W & F Franke

11 September 2019 · Bremen · Business Area Insolvency Administration

Restructuring expert Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH has succeeded in finding an investor for the forwarder W & F Franke Schwerlast Internationale Spedition GmbH from Bremen. As of 1 October 2019, Blanke Management GmbH, based in Bremen and owned by the multi-entrepreneur Kurt Zech, will take over the business and some 80 employees. This means that the vast majority of jobs will be saved; 13 employees will not be kept on and will unfortunately have to be laid off. Of the originally 119 employees, a number have left the company of their own accord and found new work.

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Restructuring expert Michael Pluta finds investor for toy manufacturer Bullyland

11 September 2019 · Ulm · Business Area Insolvency Administration

Insolvency administrator Mr Michael Pluta from PLUTA Rechtsanwalts GmbH has succeeded in finding an investor solution for Bullyland GmbH. The toy manufacturer’s business operations have been sold to the newly established Bullyworld GmbH.

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PLUTA restructuring expert Torsten Gutmann finds an investor for Haus Meinersen GmbH

10 September 2019 · Gifhorn · Business Area Insolvency Administration

The insolvency administrator Mr Torsten Gutmann from PLUTA Rechtsanwalts GmbH has succeeded in finding an investor for the nursing home Haus Meinersen GmbH. A member of the DOREA Group acquired the business of the nursing home in Meinersen (Lower Saxony) with effect from 1 September 2019 by means of an asset transfer.

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PLUTA restructuring expert Florian Schiller looking for an investor for Maier Drehtechnologie GmbH

2 September 2019 · Singen · Business Area Insolvency Administration

Mr Florian Schiller from PLUTA Rechtsanwalts GmbH is in the process of looking for an investor for Maier Drehtechnologie GmbH, based in Dunningen. In this context, the PLUTA restructuring team, which also includes the business management expert Mr Michael Hieber, has held talks with several potential buyers during recent weeks.

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PLUTA restructuring expert Michael Wahl finds investor for security company SWS GmbH

2 September 2019 · Ulm · Business Area Insolvency Administration

Mr Michael Wahl from PLUTA Rechtsanwalts GmbH succeeded in finding an investor for the security company SWS GmbH based in Bad Wurzach. He sold the business to Kahl Sicherheit GmbH, based in Ravensburg, as part of an asset deal with effect of 26 August 2019. All of the 49 jobs have been saved.

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Städtebahn Sachsen GmbH to reopen further section from Monday PLUTA attorney Dr Laubereau provides details

30 August 2019 · Aschaffenburg · Business Area Insolvency Administration

Städtebahn Sachsen GmbH (SBS) will resume operations on another partial section of the diesel railcar network managed by the Upper Elbe Transport Association (VVO) from Monday.

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Investor found for ROTEC Anlagenbau GmbH

27 August 2019 · Dresden / Ludwigsburg · Business Area Restructuring

An investor has been found for ROTEC Anlagenbau GmbH. WK Wärmetechnische Anlagen Kessel- und Apparatebau GmbH & Co. KG, based in Wetzlar, has taken over the company’s business operations and all of the 17 members of staff with effect from 1 August 2019. The Radebeul site has been preserved.

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GERRY WEBER International AG: court lays out insolvency plan for inspection and appoints date for discussion and voting meeting

23 August 2019 · Halle, Westfalen · Business Area Insolvency Administration

The insolvency plans submitted by GERRY WEBER International AG (GWI) and GERRY WEBER Retail GmbH & Co. KG (GWR) in the debtor-in-possession insolvency proceedings have been laid out by the Local Court of Bielefeld in accordance with section 234 of the German Insolvency Code (InsO). This means that the plans can now be inspected by the parties to the proceedings, as the court has completed its preliminary examination. Creditors will be provided with the insolvency plans and all of their appendices in digital form.

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DATAGROUP SE acquires IT-Informatik GmbH

16 August 2019 · Stuttgart/Ulm · Business Area Insolvency Administration

Three months after IT-Informatik GmbH filed an application with the Local Court of Ulm for the opening of restructuring proceedings involving debtor-in-possession management, the restructuring process has now been successfully completed. Restructuring expert Mr Martin Mucha of the Stuttgart law firm Grub Brugger has succeeded in selling most of the company to DATAGROUP SE based in Pliezhausen. Some 300 jobs in Ulm, Berlin and Barcelona have thus been saved.

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PLUTA restructuring expert Michael Bremen is the provisional administrator of Berns Bakery

16 August 2019 · Düsseldorf · Business Area Insolvency Administration

The bakery Bäckerei Berns KG filed an application for the opening of insolvency proceedings on 12 August 2019. On the same day, the Local Court of Mönchengladbach ordered measures to preserve the company’s assets and appointed Mr Michael Bremen, a restructuring expert from PLUTA Rechtsanwalts GmbH, as the provisional insolvency administrator.

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PLUTA restructuring expert Mr Mößle holds talks with investors regarding fintech company ayondo

16 August 2019 · Frankfurt · Business Area Insolvency Administration

The Local Court of Frankfurt ordered provisional insolvency proceedings to be opened for the assets of ayondo GmbH on 13 August 2019. The court has appointed Mr Frank Mößle from PLUTA Rechtsanwalts GmbH as provisional insolvency administrator. Several thousand customers use the social trading platform developed by the company to trade various investment products. The application had to be filed due to high expenditure relating to the company’s restructuring, which has already commenced. These costs led to liquidity problems.

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Restructuring expert Mr Pluta continues ifa Akademie’s operations

16 August 2019 · Stuttgart · Business Area Insolvency Administration

The Local Court of Stuttgart ordered provisional insolvency proceedings to be opened for the assets of ifa Akademie gGmbH on 14 August 2019. Mr Michael Pluta, a restructuring expert from PLUTA Rechtsanwalts GmbH, has been appointed provisional administrator.

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Städtebahn Sachsen to run two routes from Monday

16 August 2019 · Aschaffenburg · Business Area Insolvency Administration

Two Städtebahn Sachsen GmbH lines will be up and running again from Monday, just in time for the start of the school term in Saxony. Provisional insolvency administrator Dr Stephan Laubereau of PLUTA Rechtsanwalts GmbH announced the welcome news in relation to train services around Dresden.

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PLUTA attorney Fritz Zanker appointed as provisional administrator for the glass specialist KlimaFlex

14 August 2019 · Ulm · Business Area Insolvency Administration

By an order of 12 August 2019, the Local Court of Aalen appointed Mr Fritz Zanker from PLUTA Rechtsanwalts GmbH as the provisional insolvency administrator for KlimaFlex Wintergarten und Faltwände GmbH. Filing for insolvency became inevitable for the company due to liquidity problems, which were caused by miscalculations concerning a major order and other projects.

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