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

PLUTA attorney Ivo-Meinert Willrodt appointed provisional administrator for metron Vilshofen GmbH

5 December 2022 · Vilshofen an der Donau, Germany · Business Area Insolvency Administration

metron Vilshofen GmbH, a company specialising in trade fair, event and interior construction, has filed for insolvency. On 30 November 2022, the Local Court of Passau ordered provisional insolvency proceedings and appointed Mr Ivo-Meinert Willrodt from PLUTA Rechtsanwalts GmbH as provisional administrator.

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No possibility of finding an investor for rational einbauküchen solutions GmbH

2 December 2022 · Osnabrück, Germany · Business Area Insolvency Administration

Kitchen manufacturer rational einbauküchen solutions GmbH based in Melle will have to cease operating in early December 2022 as no investor could be found.

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PLUTA restructuring expert Dr Brüninghoff achieves solution for Natura-Holzbau GmbH

2 December 2022 · Münster, Germany · Business Area Insolvency Administration

Dr Ria Brüninghoff from PLUTA Rechtsanwalts GmbH has been acting as insolvency administrator for Natura-Holzbau GmbH based in Rheine since 28 November 2022. The attorney has now achieved a solution: Natürlich im Holzhaus GmbH has acquired the business effective 1 December 2022. Professional timber frame houses and log cabins, as well as roof trusses and carports, will continue to be planned and manufactured under this name going forward. A total of 28 employees will work for the transfer company.

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Kitchen manufacturer Warendorf to restructure under insolvency proceedings

1 December 2022 · Münster · Business Area Insolvency Administration

Warendorf Küchenfabrik GmbH has filed for insolvency. Following this, on 30 November 2022, the Local Court of Münster ordered provisional insolvency proceedings and appointed Mr Stefan Meyer from PLUTA Rechtsanwalts GmbH as provisional administrator.

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PLUTA attorney Patrick Meyerle appointed provisional administrator for Küchen Quelle GmbH

28 November 2022 · Nürnberg · Business Area Insolvency Administration

Kitchen design firm Küchen Quelle GmbH has filed for insolvency with the Local Court of Nuremberg. The court assented to this application on 25 November and appointed attorney Mr Patrick Meyerle from PLUTA Rechtsanwalts GmbH as provisional insolvency administrator.

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PLUTA expert Dr Uwe Paul achieves 45% recovery rate for medium-sized vehicle service provider

10 November 2022 · Düsseldorf · Business Area Insolvency Administration

Insolvency administrator Dr Uwe Paul from PLUTA Rechtsanwalts GmbH has achieved an above average dividend for the creditors of MG-Transfer GmbH. Thanks to the agreed insolvency plan solution, creditors will receive a recovery rate of 45% on their claims.

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PLUTA attorney Patrick Meyerle seeks investor for innovative medical technology company MOIO

8 November 2022 · Nürnberg · Business Area Insolvency Administration

Mr Patrick Meyerle from PLUTA Rechtsanwalts GmbH is looking for an investor for start-up MOIO GmbH, which offers digital care solutions. The company, based in Fürth, has been involved in provisional insolvency proceedings since late September 2022, as a planned funding round could not be completed.

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PLUTA partner Willrodt is provisional insolvency administrator of listed company windeln.de SE

7 November 2022 · München · Business Area Insolvency Administration

windeln.de SE (ISIN DE000WNDL300 and DE000WNDL318) filed for insolvency last Friday. As a result, the Munich Local Court today ordered provisional insolvency administration over the assets of the listed group and appointed Ivo-Meinert Willrodt of PLUTA Rechtsanwalts GmbH as provisional insolvency administrator.

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A well-known investor will acquire Burnus GmbH and Ernst Zeiss GmbH

2 November 2022 · Darmstadt · Business Area Restructuring

The PLUTA team has succeeded in finding an investor solution for Burnus GmbH in Darmstadt and Ernst Zeiss GmbH in Zülpich. Mr Frank Heller, an experienced investor based in Munich, has taken over the business operations of both companies by way of an asset deal on 1 November 2022. Going forward, the business will trade as Burnus Care GmbH. The Burnus Group is a long-established manufacturer of body care products and detergents. Thanks to the solution achieved, brands such as Kamill, burti, cliff, Glysolid and Litamin, that are popular in the German and international markets, will be preserved.

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PLUTA restructuring expert Steffen Beck conducts process to find investor for aluminium foundry ALKU

20 October 2022 · Esslingen · Business Area Insolvency Administration

Effective 1 October 2022, the Local Court of Esslingen opened insolvency proceedings for the assets of ALKU Aluminiumgießerei GmbH and appointed Mr Steffen Beck, a specialist attorney for insolvency and restructuring law with PLUTA Rechtsanwalts GmbH, as administrator. While the aluminium foundry has continued operating, the PLUTA team is conducting an M&A process. ALKU has been involved in insolvency proceedings since July.

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PLUTA attorney Ilkin Bananyarli seeks investor for start-up Pro Delight Food

19 October 2022 · Stuttgart · Business Area Insolvency Administration

On 4 October 2022, Pro Delight Food GmbH from the federal state of Baden-Württemberg filed for insolvency with the Local Court of Tübingen due to imminent illiquidity. Attorney Mr Ilkin Bananyarli from PLUTA Rechtsanwalts GmbH was appointed provisional administrator. He is now looking for an investor that will make the food start-up fit for the future.

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Natura-Holzbau GmbH to continue operating

13 October 2022 · Rheine/Münster · Business Area Insolvency Administration

Natura-Holzbau GmbH based in Rheine near Münster has filed for insolvency. On 29 September 2022, the Local Court of Münster ordered provisional insolvency proceedings to be opened for the company’s assets. The court appointed attorney Dr Ria Brüninghoff of PLUTA Rechtsanwalts GmbH as provisional administrator. Together with management, she has been keeping the business operational since the application for insolvency was filed. Work has already been resumed for several construction projects.

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PLUTA restructuring expert Dr André Wehner achieves follow-up solution for personnel provider

10 October 2022 · Bielefeld · Business Area Insolvency Administration

Dr André Wehner from PLUTA Rechtsanwalts GmbH has found a solution in the proceedings for personnel service provider Gesellschaft für Zeitarbeit und Organisationsberatung mbh (GfZ). The insolvency administrator has secured the transfer of all employees and customers to well-known company Piening GmbH. The parties involved have agreed not to disclose the terms.

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PLUTA restructuring expert Dr Kaufmann finds solution for several activities of WIKING

5 October 2022 · Bremen · Business Area Insolvency Administration

Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH has found an investor for several activities of insolvent WIKING Helikopter Service GmbH. Effective 15 December 2022, Northern Helicopter GmbH, based in Emden, and its associated companies will take over the shipyard segment, the Continuing Airworthiness Management Organisation (CAMO) and Approved Training Organisation (ATO) activities as well as the Sea Pilot Transfer business together with two Airbus H145 helicopters required for this. Around 50 employees will be kept on. The purchase agreement signed at the end of September is still subject to some closing conditions.

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PLUTA restructuring expert Ilkin Bananyarli finds investor for parcel and logistics start-up pakadoo

5 October 2022 · Stuttgart · Business Area Insolvency Administration

Mr Ilkin Bananyarli from PLUTA Rechtsanwalts GmbH succeeded in finding an investor for pakadoo GmbH, a parcel and logistics service provider based in Böblingen. On 1 October 2022, FP Digital Business Solutions GmbH, a subsidiary of the listed Francotyp-Postalia Group, has taken over the business and all employees as part of an asset deal. This means that pakadoo’s Böblingen site has been preserved.

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PLUTA partner Ivo-Meinert Willrodt achieves cross-border solution for software company emnos

26 September 2022 · Munich · Business Area Insolvency Administration

Insolvency administrator Mr Ivo-Meinert Willrodt from PLUTA Rechtsanwalts GmbH has found a follow-up solution for emnos GmbH, which has its headquarters in Munich, Germany, and a subsidiary in France. Together with Ms Isabelle Didier, the insolvency administrator in France, the restructuring expert has sold the business by way of an asset deal to AB Invest GmbH, an investment company controlled by the strategic tech investors and founders of b.telligent, a well-known consultancy specialising in data and analytics. Going forward, the business will trade as Emnos Analytics GmbH. Mr Sebastian Amtage and Mr Klaus Blaschek, founders and managing partners of b.telligent, were advised by Mr Patrick Ehret and Mr Ronan Dugué, both attorneys on the French Desk of law firm Schultze & Braun (Achern/Strasbourg).

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Hofmann Druck: PLUTA restructuring expert Torsten Gutmann expects high recovery rate for creditors

21 September 2022 · Hannover/Nürnberg · Business Area Insolvency Administration

Mr Torsten Gutmann from PLUTA Rechtsanwalts GmbH’s branch office in Hanover today informed creditors of the current situation regarding the insolvency proceedings for the Hofmann Druck Group. To this end, report meetings for the Group’s individual companies were held at the Local Court of Gifhorn. Each of these companies has been engaged in insolvency proceedings since April 2022.

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Court confirms insolvency plan for horticulture and landscaping business Gzimi

20 September 2022 · München · Business Area Insolvency Administration

The Local Court of Munich has confirmed the insolvency plan submitted in mid-September in the insolvency proceedings for Gzimi Garten- und Landschaftsbau GmbH based in Olching. The creditors had already previously approved the insolvency plan solution. All closing conditions have now also been met. Accordingly, it will soon be possible to terminate the proceedings. Mr Ivo-Meinert Willrodt from PLUTA Rechtsanwalts GmbH is the insolvency administrator for the proceedings.

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PLUTA partner Steffen Beck finds follow-up solution for online retailer

20 September 2022 · Stuttgart · Business Area Insolvency Administration

After four months of maintaining business operations, Mr Steffen Beck from PLUTA Rechtsanwalts GmbH has achieved a solution for sole proprietorship Denis Luth Ersatzteil-Lager, which runs the ersatzteil-lager.com online shop. An investor will acquire the business under an asset deal.

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Kitchen manufacturer rational einbauküchen solutions GmbH files for insolvency

19 September 2022 · Osnabrück · Business Area Insolvency Administration

rational einbauküchen solutions GmbH, a well-known kitchen manufacturer based in Melle, has filed an application for the opening of insolvency proceedings for its assets. On 16 September 2022, the Local Court of Osnabrück ordered provisional insolvency proceedings and appointed attorney Mr Stefan Meyer from PLUTA Rechtsanwalts GmbH as provisional administrator.

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Restructuring expert Michael Pluta keeps online retail business surf4shoes GmbH operational

19 September 2022 · Stuttgart · Business Area Insolvency Administration

On 8 September 2022, provisional insolvency proceedings were ordered for surf4shoes GmbH based in Bitz in the federal state of Baden-Württemberg. The Local Court of Hechingen appointed Mr Michael Pluta from PLUTA Rechtsanwalts GmbH as provisional administrator.

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Creditors approve insolvency plan: PLUTA attorney Georg Jakob Stemshorn achieves solution for SVG

15 September 2022 · Augsburg · Business Area Insolvency Administration

The creditors of Stauden-Verkehrs-GmbH (SVG) today unanimously approved the presented insolvency plan at the discussion and voting meeting. This secures the future of the Augsburg-based railway company and its existence as a legal entity in its current form. SVG operates various railway lines, including some in the Stauden region in Augsburg that have existed for around 100 years. The creditors’ approval has been welcomed by insolvency administrator Mr Georg Jakob Stemshorn of PLUTA Rechtsanwalts GmbH, who has kept the business fully operational with his team since the application was filed at the beginning of the year and has drawn up the insolvency plan.

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PLUTA restructuring expert Stefan Meyer secures future of Wölfer

6 September 2022 · Osnabrück · Business Area Insolvency Administration

The future of Franz Wölfer Elektromaschinenfabrik Osnabrück GmbH has been secured: aided by management, the committed Wölfer employees and his own team, Mr Stefan Meyer from PLUTA Rechtsanwalts GmbH, in his capacity as insolvency administrator, has been able to find an investor to acquire the company by way of an asset deal. Wölfer will be part of Kairos Industries AG in the future and will continue to operate in the market, but under the name Wölfer Motoren GmbH as of next week. All jobs have been saved as a result of the restructuring solution now achieved. The buyer is to keep on all 64 employees as part of the asset deal.

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No possibility of finding an investor for Fosen Yard Emden GmbH

31 August 2022 · Emden · Business Area Insolvency Administration

Fosen Yard Emden GmbH will have to cease operations in early September 2022 as no investor could be found for the Emden-based shipyard.

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Cryptocurrency fintech company Nuri advised by PLUTA

18 August 2022 · Berlin · Business Area Restructuring

Management of Nuri GmbH has filed for insolvency with the Local Court of Berlin-Charlottenburg. The cryptocurrency platform was advised in advance by the restructuring experts at PLUTA Rechtsanwalts GmbH on matters of insolvency law that had to be dealt with in the context of its refinancing efforts and the application for insolvency.

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PLUTA expert Dr Kaufmann appointed provisional administrator for tree nursery BCM

17 August 2022 · Oldenburg · Business Area Insolvency Administration

BCM Baumschule Christoph Marken GmbH & Co. KG has filed for insolvency with the Local Court of Oldenburg. Following this, on 15 August 2022, the competent local court ordered provisional insolvency administration for the company’s assets and appointed attorney Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH as provisional administrator.

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Leysieffer saved – PLUTA restructuring expert Stefan Meyer sells praline manufacturer

16 August 2022 · Osnabrück · Business Area Insolvency Administration

Effective 16 August 2022, attorney Mr Stefan Meyer, managing partner of PLUTA Rechtsanwalts GmbH and acting in his capacity as insolvency administrator, has sold the business operations of Leysieffer GmbH & Co. KG to the shareholders of the Zeitfracht Group. All almost 180 employees will be kept on by the new owner, who is thereby extending its product portfolio. The purchase agreement came into effect today with the approval of the creditors’ committee after the Local Court of Osnabrück opened the insolvency proceedings on 16 August 2022 and appointed attorney Mr Stefan Meyer as administrator.

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Insolvency plan approved – PLUTA attorney Ivo-Meinert Willrodt secures future of Gzimi

11 August 2022 · Munich · Business Area Insolvency Administration

The creditors of Gzimi Garten- und Landschaftsbau GmbH, a horticulture and landscaping business based in Olching, near Munich, yesterday approved the presented insolvency plan at the voting meeting. Insolvency administrator Mr Ivo-Meinert Willrodt from PLUTA Rechtsanwalts GmbH welcomed the high vote in favour of the devised strategy for the future. All jobs at the Olching site have therefore been saved.

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Tool manufacturer Schwarz to reposition itself as a debtor in possession

5 August 2022 · Preußisch Oldendorf · Business Area Insolvency Administration

On 4 August 2022, the Local Court of Bielefeld ordered in-court restructuring proceedings and, in parallel, provisional debtor-in-possession management for Heinz Schwarz GmbH & Co. KG.

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Dr Thiemann achieves high recovery rate for creditors of Metallbearbeitung Automotive Ahlen GmbH

28 July 2022 · Münster · Business Area Insolvency Administration

Good news for creditors of Metallbearbeitung Automotive Ahlen GmbH: attorney Dr Stephan Thiemann from PLUTA Rechtsanwalts GmbH, acting in his capacity as insolvency administrator and with responsibility for winding down operations and liquidating the company, has succeeded in completing the proceedings with an exceptionally high recovery rate of more than 68% for creditors.

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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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