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Your press contact: Patrick Sutter, relatio PR, +49 89 210 257-22, press@pluta.net

PLUTA attorney Peter Roeger appointed provisional administrator for Wiesenmüller based in Bayreuth

25 May 2022 · Bayreuth · Business Area Insolvency Administration

On 4 April 2022, provisional insolvency proceedings were ordered for butcher Metzgerei Wiesenmüller GmbH & Co. KG, with Mr Peter Roeger from PLUTA Rechtsanwalts GmbH being appointed provisional administrator. Having completed an examination of the company’s situation, restructuring expert Mr Peter Roeger has now begun holding discussions with all stakeholders and undertaken initial restructuring measures. Mr Roeger said, “Wiesenmüller remains fully operational, production is ongoing and all retail locations are open for customers as usual. Employee salaries are guaranteed thanks to specific substitute benefits provided under German insolvency law.”

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PLUTA attorney Dr Kaufmann appointed provisional administrator for Schöneis

23 May 2022 · Esterwegen · Business Area Insolvency Administration

Paper processing company Schöneis GmbH has filed for insolvency. The business from Esterwegen in the Emsland district with 47 employees is engaged in print finishing and the promotional material trade. After the application for insolvency had been filed, the Local Court of Meppen ordered provisional insolvency administration for the company’s assets and appointed Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH’s branch office in Oldenburg as provisional administrator.

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PLUTA Management GmbH advising Hettich Group on sale of automotive supplier Castwerk

17 May 2022 · München · Business Area Legal Consulting

Castwerk GmbH & Co. KG, a component manufacturer in the automotive industry, has been sold as part of an international M&A process. PLUTA Management GmbH provided both the owner and the company with comprehensive advice on this transaction.

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Personnel service provider TEMPTON to absorb vd Personaldienst GmbH employees

10 May 2022 · Essen/Bielefeld · Business Area Insolvency Administration

Two months after Bielefeld-based personnel service provider vd Personaldienst GmbH filed for insolvency, administrator Dr André Wehner from PLUTA Rechtsanwalts GmbH has succeeded in saving all the jobs. TEMPTON Personaldienstleistungen GmbH has offered employment to all members of staff. By taking over this competitor, Essen-based TEMPTON, one of the largest German temping agencies, is expanding its footprint in East Westphalia.

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BUKUMA to continue restructuring: court opens debtor-in-possession proceedings

9 May 2022 · Koblenz · Business Area Insolvency Administration

BUKUMA GmbH, a specialist in the production of sophisticated technical plastic parts for the automotive and construction machinery industries, will continue to pursue its previously launched restructuring process. As planned, the Local Court of Koblenz opened in-court restructuring proceedings under debtor-in-possession management on 1 May 2022, appointing Mr Stefan Meyer from PLUTA Rechtsanwalts GmbH as insolvency monitor. Together with his team, he will continue to oversee the restructuring process to secure the company’s future and the debtor-in-possession proceedings, with the aim of achieving the best possible outcome for creditors.

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Hofmann Druck Nürnberg GmbH & Co. KG’s business operations to continue

4 May 2022 · Gifhorn · Business Area Insolvency Administration

Hofmann Druck Nürnberg GmbH & Co. KG has filed for insolvency with the Local Court of Gifhorn. The court subsequently appointed restructuring expert Mr Torsten Gutmann from PLUTA Rechtsanwalts GmbH as provisional insolvency administrator on 29 April 2022. The Nuremberg-based printing company will continue to operate and the approximately 90 employees will receive substitute benefits provided under German insolvency law for a period of three months.

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Regional investor ProKultur acquires business operations of Slavic heritage site in Neustrelitz

28 April 2022 · Neustrelitz · Business Area Insolvency Administration

PLUTA attorney Mr Michael Bohnhoff had good news to report on the reconstructed Slavic settlement in Neustrelitz, a heritage site that attracts visitors from the region and further afield: with retroactive effect from 1 April 2022, ProKultur gGmbH has taken over the Slavic heritage site’s business operations by way of an asset deal, including all employees and federal volunteers. The purchase agreements have already been signed. The parties have agreed not to disclose the purchase price.

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PLUTA restructuring expert Dr Kaufmann to keep wholesale bakery Stöhr-Brot operational

22 April 2022 · Oldenburg · Business Area Insolvency Administration

On 21 April 2022, the long-standing Stöhr-Brot wholesale bakery filed for insolvency for the group’s three operating businesses due to imminent illiquidity in each case. That same day, the Local Court of Oldenburg then ordered provisional insolvency administration for the assets of Stöhr-Brot Ammerländer Großbäckerei GmbH & Co. KG, Stöhr-Brot GmbH & Co. KG Dinklage and SB Logistik GmbH & Co. KG, and appointed Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH as provisional insolvency administrator for each.

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PLUTA restructuring expert Stefan Meyer appointed administrator for Steinkamp GmbH & Co. KG

19 April 2022 · Espelkamp

By an order issued on 1 April 2022, the Local Court of Bielefeld has opened insolvency proceedings for the assets of Steinkamp GmbH & Co. KG and appointed attorney Mr Stefan Meyer from PLUTA Rechtsanwalts GmbH as insolvency administrator. Prior to this, Mr Meyer, an attorney specialising in insolvency law, had been involved as provisional administrator since 28 December 2021.

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PLUTA attorney Ivo-Meinert Willrodt appointed provisional insolvency administrator for Gzimi

13 April 2022 · München · Business Area Insolvency Administration

Gzimi Garten- und Landschaftsbau GmbH based in Olching, near Munich, has filed for insolvency. Following this, on 7 April 2022, the Local Court of Munich ordered provisional insolvency proceedings and appointed Mr Ivo-Meinert Willrodt from PLUTA Rechtsanwalts GmbH as provisional administrator. The horticulture and landscaping business will remain operating.

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Progress made in KEHAG Energiehandel GmbH restructuring: proceedings opened

12 April 2022 · Oldenburg · Business Area Restructuring

The restructuring approach taken to date for KEHAG Energiehandel GmbH is to be continued. The Local Court of Oldenburg opened in-court restructuring proceedings for the energy trading company on 1 April 2022 as planned. The company will remain under debtor-in-possession management and creditors will soon be able to file their claims.

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PLUTA attorney Mr Schiller appointed provisional administrator for herzlich unverpackt eG in Singen

8 April 2022 · Singen · Business Area Insolvency Administration

herzlich unverpackt eG based in Singen has filed for insolvency. On 6 April 2022, the Local Court of Constance ordered provisional insolvency administration for the cooperative’s assets and appointed Mr Florian Martin Schiller from PLUTA Rechtsanwalts GmbH’s branch office in Singen as provisional administrator. The cooperative runs the first store of its kind in Singen, selling unpackaged regional products. The store remains open and customers can shop there as usual.

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PLUTA restructuring expert Ilkin Bananyarli finds investor for Knehr Fliesenverlegung GmbH

5 April 2022 · Ulm · Business Area Insolvency Administration

The search for an investor in the proceedings of medium-sized tiling company Knehr Fliesenverlegung GmbH based in Ulm has been completed: insolvency administrator Mr Ilkin Bananyarli from PLUTA Rechtsanwalts GmbH has reached an agreement with an investor. Fliesen Röhlich GmbH, active all across Germany, has acquired the business by way of an asset deal, effective 1 April 2022. The jobs have been saved in the process.

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Creditors of nursing care service PZA approve settlement

28 March 2022 · Augsburg

Insolvency administrator Mr Georg Jakob Stemshorn from PLUTA Rechtsanwalts GmbH in Augsburg has achieved a settlement in the proceedings for PZA GmbH based in Augsburg. This will considerably increase the expected recovery rate for creditors.

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94.5% recovery rate for creditors of energy technology specialist pbp Preiss. Alt

22 March 2022 · Bamberg · Business Area Restructuring

The restructuring under debtor-in-possession proceedings in respect of the assets of pbp Preiss. Alt GmbH & Co. KG from Breitengüßbach in the German state of Bavaria has been concluded. The restructuring experts at PLUTA Rechtsanwalts GmbH and CONSABIS GmbH supported the company during the proceedings. The final meeting of creditors was held in autumn 2021 at the Local Court of Bamberg. The creditors received a higher-than-average dividend of more than 94%.

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PLUTA attorney Dr Thiemann holds initial discussions with investors for Vario-Fertigungstechnik GmbH

21 March 2022 · Chemnitz · Business Area Insolvency Administration

PLUTA attorney Dr Stephan Thiemann, as provisional insolvency administrator for Vario-Fertigungstechnik GmbH, is holding initial discussions with potential investors for the manufacturing operation based in Chemnitz. The aim is to find a follow-up solution for the company. Business operations have continued without any restrictions since the application for insolvency was filed in February.

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NEUERO to restructure itself as a debtor in possession

1 March 2022 · Osnabrück · Business Area Insolvency Administration

NEUERO Farm- und Fördertechnik GmbH is intending to continue its restructuring under the debtor-in-possession proceedings now initiated. On 23 February 2022, management filed a corresponding application with the Local Court of Osnabrück. The court assented to the application and ordered provisional debtor-in-possession proceedings.

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Burnus Group to restructure itself as a debtor in possession

23 February 2022 · Darmstadt · Business Area Restructuring

The Burnus Group, a manufacturer of consumer products, has filed an application for debtor-in-possession proceedings. It will be advised in these proceedings by restructuring experts Dr Maximilian Pluta and Mr Philip Konen from PLUTA Rechtsanwalts GmbH in their capacity as general agents. Together with the management team, headed by Mr Eike Ebert, both experts will support the group during the proceedings and implement the necessary restructuring measures over the coming months.

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PLUTA restructuring expert Ilkin Bananyarli seeks investor for medium-sized tiling company Knehr

21 February 2022 · Ulm · Business Area Insolvency Administration

The Local Court of Ulm has ordered provisional insolvency proceedings to be opened for the assets of Knehr Fliesenverlegung GmbH. Mr Ilkin Bananyarli from PLUTA Rechtsanwalts GmbH has been appointed provisional administrator. The tiling company with 34 employees has its headquarters in Ulm and another site in Illertissen. The wages and salaries of the employees are guaranteed thanks to specific substitute benefits provided under German insolvency law.

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Restructuring expert Michael Pluta sells automotive supplier Emil Bucher to Japan’s HIROTEC Group

16 February 2022 · Ulm · Business Area Insolvency Administration

Insolvency administrator Mr Michael Pluta from PLUTA Rechtsanwalts GmbH had good news to announce today at a meeting of the staff of automotive supplier Emil Bucher GmbH & Co. KG. Japan’s HIROTEC Group is to acquire the business operations of the important automotive unit, including around 90% of the entire workforce. The purchase agreement was signed and notarised yesterday. In the coming week, the new owner will hold a staff meeting to introduce the Group. The acquisition is still pending antitrust approval.

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PLUTA expert Torsten Gutmann negotiates with investors interested in beverage producer Grafenquelle

4 February 2022 · Osterode · Business Area Insolvency Administration

The Local Court of Osterode am Harz opened insolvency proceedings for the assets of Grafenquelle GmbH on 1 February 2022. Mr Torsten Gutmann from PLUTA Rechtsanwalts GmbH’s branch office in Hanover was appointed insolvency administrator, having previously acted as provisional administrator.

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Vario-Fertigungstechnik GmbH from Chemnitz to continue operating

3 February 2022 · Chemnitz · Business Area Insolvency Administration

Vario-Fertigungstechnik GmbH from Chemnitz has filed for insolvency. Following this, on 1 February 2022, the Local Court of Chemnitz ordered provisional insolvency proceedings and appointed Dr Stephan Thiemann from PLUTA Rechtsanwalts GmbH as provisional administrator.

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PLUTA expert Holger Ch. Buehler starts process of finding an investor for 3D printing specialist bkl

19 January 2022 · Bayreuth · Business Area Insolvency Administration

Mr Holger Ch. Buehler from PLUTA Rechtsanwalts GmbH has started the process of finding an investor for the medium-sized bkl Group. The 3D metal printing specialist, with one site in Sonneberg in the state of Thuringia and another in Rödental in the district of Upper Franconia, has been involved in insolvency proceedings since late 2021.

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PLUTA expert Torsten Gutmann achieves solution for metalworking company in Germany and Poland

18 January 2022 · Hannover · Business Area Insolvency Administration

Insolvency administrator Mr Torsten Gutmann from PLUTA Rechtsanwalts GmbH has succeeded in finding an investor solution in the insolvency proceedings for Peter Petrusky Metallbau GmbH & Co. KG. Effective 1 January 2022, Petrusky Trogfabrik GmbH, a company of Braunschweiger Industrieholding GmbH, acquired the business by way of an asset deal, including 23 staff.

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PLUTA restructuring expert Georg Jakob Stemshorn keeps Stauden-Verkehrs-GmbH operational

14 January 2022 · Augsburg · Business Area Insolvency Administration

Stauden-Verkehrs-GmbH from Augsburg has filed for insolvency. On 11 January 2022, the Local Court of Augsburg then ordered provisional insolvency proceedings and appointed Mr Georg Jakob Stemshorn from PLUTA Rechtsanwalts GmbH in Augsburg as provisional administrator. The company had to file for insolvency due to liquidity problems.

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PLUTA and Rödl assist KEHAG Energiehandel GmbH in restructuring as a debtor in possession

12 January 2022 · Oldenburg · Business Area Restructuring

KEHAG Energiehandel GmbH has filed an application for restructuring under debtor-in-possession proceedings. Yesterday, the Local Court of Oldenburg ordered provisional debtor-in-possession proceedings and appointed experienced attorney Professor Dr Gerrit Hölzle from GÖRG Insolvenzverwaltung GbR in Bremen as provisional insolvency monitor. He will monitor the proceedings and represent the interests of the creditors. Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH’s branch office in Oldenburg and Mr Raik Müller from Rödl GmbH Rechtsanwaltsgesellschaft Steuerberatungsgesellschaft in Cologne have been appointed chief restructuring officers. They will pursue the energy trading company’s planned restructuring together with managing director Mr Jan Kästner.

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Rheinmetall acquires EMT – PLUTA expert Ivo-Meinert Willrodt involved as insolvency monitor

10 January 2022 · Penzberg · Business Area Insolvency Administration

The future of drone manufacturer EMT from Penzberg has been secured: the Rheinmetall Group based in Düsseldorf has acquired the business by way of an asset deal. With both companies having already signed a corresponding agreement in late November 2021, the creditors’ committee then approved the transaction at its meeting on 28 December 2021 following authorisation from the creditors’ assembly. The final closing condition was therefore met and the investor solution was completed effective 1 January 2022. EMT had been involved in a restructuring process under debtor-in-possession proceedings for over a year, for which restructuring expert Mr Ivo-Meinert Willrodt from PLUTA Rechtsanwalts GmbH was appointed insolvency monitor.

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PLUTA expert Stefan Meyer appointed provisional insolvency administrator for Steinkamp GmbH & Co. KG

5 January 2022 · Espelkamp · Business Area Insolvency Administration

The Local Court of Bielefeld ordered provisional insolvency proceedings to be opened for the assets of Steinkamp GmbH & Co. KG, based in Espelkamp, on 28 December 2021. Mr Stefan Meyer, an attorney specialising in insolvency law from PLUTA Rechtsanwalts GmbH, has been appointed provisional administrator.

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Regional investors acquire the business of Seelig+Co Feinblechbau GmbH

20 December 2021 · Neresheim · Business Area Insolvency Administration

Good news for family business Seelig+Co Feinblechbau GmbH based in Neresheim: effective 1 January 2022, investors Mr Jochen Weiss and Mr Markus Alexander Konold will acquire the metal construction company’s business, including the some 80 employees, by way of an asset deal. They have founded the company Weiss Metalltechnik GmbH for this purpose. The purchase agreements were already signed at the end of November 2021. Today, the creditors’ assembly approved the takeover by a large majority. The parties have agreed not to disclose the purchase price. Seelig+Co Feinblechbau GmbH has been restructuring under debtor-in-possession proceedings since spring 2020. Mr Michael Pluta, as insolvency monitor, has been overseeing the proceedings in the interests of creditors.

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Listed IT service provider q.beyond acquires cloud company scanplus

10 December 2021 · Ulm · Business Area Restructuring

  • Debtor-in-possession proceedings supported by PLUTA
  • 220 jobs saved

An investor solution has been achieved for cloud service provider scanplus based in Ulm. q.beyond AG, one of Germany’s leading IT service providers, will acquire the business by way of an asset deal. 220 employees will be kept on by the new owner. The purchase agreement has already been signed and notarised. The level of the purchase price, which q.beyond will pay from its liquid funds, will not be revealed. Following submission of all of the necessary approvals, the transaction is expected to be closed by early 2022 at the latest.

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Currently, only corporate news items are available for Italy.

PLUTA lawyer and financial analyst García Esteve participated in the Round Table of the II National Banking Law Congress.

9 May 2022 · Madrid

Last April 29, the general director of PLUTA in Spain, Xavier Garcia Esteve, participated in the Round Table on "Restructuring and refinancing of companies: bank creditors" of the II National Congress of Banking Law organized by the Ilustre Colegio de Abogados de Madrid (Masdrid’s Bar Associatio), with Luis Miguel Sánchez Velo, Director of the Legal Restructuring of Banco Santander; Javier Gutierrez de Cabiedes , Legal Director of Retail Banking and Litigation of CaixaBank, Antonio Uguina, Director of Risks of BBVA, and Manuel Ruiz de Lara, Magistrate of the Commercial Court nº 11 of Madrid, and as moderator José Carlos González Vázquez, professor at the Complutense University of Madrid and partner of Ceca Magan Abogados.

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