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

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

October 16, 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

October 14, 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

October 9, 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

September 20, 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

September 18, 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

September 13, 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

September 11, 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

September 11, 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

September 10, 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

September 2, 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

September 2, 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

August 30, 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

August 27, 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

August 23, 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

August 16, 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

August 16, 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

August 16, 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

August 16, 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

August 16, 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

August 14, 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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PLUTA restructuring expert Stefan Meyer appointed as provisional administrator for PEACOCK Moden GmbH

August 12, 2019 · Münster · Business Area Insolvency Administration

PEACOCK Moden GmbH filed an application for the opening of insolvency proceedings on 8 August 2019. Following this, the Local Court of Münster ordered provisional insolvency proceedings and appointed Mr Stefan Meyer from PLUTA Rechtsanwalts GmbH as the provisional administrator. Filing for insolvency became inevitable for PEACOCK Moden GmbH due to a liquidity shortage as a result of imminent non-payment by business partners.

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PLUTA attorney Dr Laubereau will resume business operations of Städtebahn Sachsen GmbH

August 9, 2019 · Aschaffenburg · Business Area Insolvency Administration

Good news for rail traffic in and around Dresden ‒ the provisional insolvency administrator Dr Stephan Laubereau from PLUTA has decided that the urban railway company Städtebahn Sachsen GmbH will resume business activities. It is planned that all the 16 trains will start running again soon on the regional lines around Dresden. The administrator will announce the exact date as soon as all the details have been clarified.

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PLUTA restructuring expert Dr Christian Kaufmann sees good chances of finding an investor for W & F Franke

August 5, 2019 · Bremen · Business Area Insolvency Administration

  • Business operations will continue without any changes; customers and suppliers have remained loyal to the company
  • Structured bidding process has been set up
  • Initial talks with potential investors have been successful

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PLUTA restructuring expert Steffen Beck finds investor for the Stuttgart flight service provider SFD

August 5, 2019 · Stuttgart · Business Area Insolvency Administration

The insolvency administrator Mr Steffen Beck from PLUTA Rechtsanwalts GmbH has succeeded in finding an investor for the flight service provider Stuttgarter Flugdienst GmbH (SFD). The well-known Bremen-based Atlas Air Service AG took over business operations as part of an asset deal with effect from 1 August 2019. Six of the original ten employees were kept on by the new owner.

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Securities trading bank Schnigge successfully exits debtor-in-possession proceedings

August 5, 2019 · Düsseldorf · Business Area Insolvency Administration

Schnigge Wertpapierhandelsbank SE, which is listed on the regulated market of the Düsseldorf stock exchange, is no longer involved in insolvency proceedings. The securities trading bank has put behind it the debtor-in-possession proceedings, which were opened on 1 January 2019. The bank’s insolvency monitor was the business management expert and attorney Dr Stephan Laubereau from PLUTA Rechtsanwalts GmbH, who represented the interests of the creditors while monitoring the proceedings.

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PLUTA attorney Dr Kaufmann looking for an investor for TIS Technischer Industrie Service GmbH

August 2, 2019 · Leer · Business Area Insolvency Administration

The restructuring expert Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH is currently in the process of holding talks with potential investors for TIS Technischer Industrie Service GmbH based in Leer (East Frisia).

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PLUTA restructuring expert Michael Wahl finds investor for Kaufmanns Warenwelt

August 1, 2019 · Ulm · Business Area Insolvency Administration

Mr Michael Wahl, insolvency administrator of Kaufmanns Warenwelt GmbH & Co. KG, has succeeded in finding an investor for the company. The restructuring expert from PLUTA Rechtsanwalts GmbH has sold the business to the newly established company Fulfillment Gustav GmbH as part of an asset transfer. The five employees have been kept on by the buyer.

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Acquisition completed: business operations of Warendorf – Die Küche GmbH transferred

July 29, 2019 · Warendorf · Business Area Insolvency Administration

The insolvency administrator and PLUTA restructuring expert Mr Stefan Meyer has announced that the terms of the purchase agreement have been met for the kitchen manufacturer Warendorf. This means that the agreement has come into effect and the process of selling the plant to the investor can be implemented according to plan. The newly founded company, called Warendorf Küchenfabrik GmbH, whose managing director is Mr Stefan Hofemeier, is being directed in close coordination with representatives of the Chinese investor.

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PLUTA restructuring expert Dr Kaufmann appointed provisional administrator of forwarder W & F Franke

July 22, 2019 · Bremen · Business Area Insolvency Administration

  • Business operations continue without any restrictions
  • Company has a staff of 119 employees at several locations in Northern and Eastern Germany

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GERRY WEBER reaches milestone for securing the company’s future

July 15, 2019 · Halle/Westfalen · Business Area Insolvency Administration

  • Investment agreement with Robus and Whitebox
  • Financial restructuring within the scope of an insolvency plan
  • Robus and Whitebox provide a total of up to EUR 49.2 m
  • GERRY WEBER receives a secure perspective for customers, business partners and suppliers, continuing the ongoing restructuring plan
  • Trustee Stefan Meyer from PLUTA also satisfied with the results of the negotiations from a creditors perspective

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PLUTA attorney Ilkin Bananyarli appointed provisional administrator for Rexer Group of bus companies

July 9, 2019 · Stuttgart · Business Area Insolvency Administration

Following an application filed by the Rexer Group, the Local Court of Tübingen ordered provisional insolvency administration for the group’s assets today. Mr Ilkin Bananyarli, a restructuring expert from PLUTA Rechtsanwalts GmbH, has been appointed provisional administrator. The group consisting of five companies operates a major part of the local public transport network in the districts of Calw, Esslingen and Heilbronn in the federal state of Baden-Württemberg. The company’s business has been maintained without any interruption since the application was filed. This means that Rexer Group passengers can be assured of a bus service.

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PLUTA restructuring expert Marcus Katholing sells former SHW CT site in Wasseralfingen

July 4, 2019 · Aalen · Business Area Restructuring

A team headed by SHW CT managing director and PLUTA restructuring expert Mr Marcus Katholing has sold the Wasseralfingen site of what was formerly SHW CT to Aalen-based company Gebr. Rieger. It has been agreed that the purchase price will not be published. This sale means an increased recovery rate for creditors.

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New beginning for Warendorf – Die Küche GmbH – Investor from Hong Kong to take over business operations in the next few days

July 3, 2019 · Münster · Business Area Insolvency Administration

New sales potential in Asia thanks to a strategic investor. Die Küche GmbH filed for insolvency on 11 March 2019, and the Local Court / Insolvency Court of Münster initially appointed the restructuring expert and attorney Mr Stefan Meyer as provisional insolvency administrator. Since then, business operations have been stabilised and have continued without any restrictions. On 1 June 2019, insolvency proceedings were opened.

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PLUTA attorney Florian Schiller appointed as the provisional administrator for Maier Drehtechnologie GmbH

July 1, 2019 · Singen · Business Area Insolvency Administration

  • Employee salaries guaranteed thanks to insolvency substitute benefits
  • Business operations being continued
  • Sister company Stöhr GmbH Metalltechnologie not affected by the application for insolvency proceedings

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Reorientation of Leysieffer making progress

July 1, 2019 · Osnabrück, Germany · Business Area Insolvency Administration

  • Debtor-in-possession proceedings opened as planned on 1 July 2019
  • Business operations being continued without any restrictions
  • Initial restructuring measures implemented
  • PLUTA restructuring expert Stefan Meyer appointed as insolvency monitor

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PLUTA attorney Dr Kaufmann appointed as provisional administrator of the coach operator Gerhard Paul von Grönheim

June 21, 2019 · Friesoythe, · Business Area Insolvency Administration

The Local Court of Cloppenburg in the German federal state of Lower Saxony has ordered provisional insolvency administration for the assets of the coach operator Gerhard Paul von Grönheim on 7 June 2019. Dr Christian Kaufmann, a restructuring expert from PLUTA Rechtsanwalts GmbH, was appointed as the provisional administrator. Filing for insolvency became inevitable for the company due to liquidity problems.

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Creditors’ assembly confirms debtor-in-possession proceedings for Meier-Ratio GmbH

June 7, 2019 · Dessau-Roßlau · Business Area Insolvency Administration

  • PLUTA restructuring expert Dr Thiemann confirmed as insolvency monitor
  • Restructuring concept drawn up
  • Good order situation

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PLUTA restructuring expert Patrick Meyerle finds investor for Fürth-based exhibition supplier

June 7, 2019 · Nuremburg · Business Area Insolvency Administration

  • Holtmann takes over business operations of Fürth-based Brandspaces GmbH
  • Restructuring experts conducted discussions with several potential investors
  • Insolvency proceedings opened on 1 June

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Restructuring expert Michael Pluta simplifies claims filing for creditors of energy company DEGIA

June 6, 2019 · Ulm · Business Area Insolvency Administration

The insolvency proceedings for DEGIA Berlin GmbH (formerly DEG Deutsche Energie GmbH) have been opened on 1 June 2019. The insolvency administrator Mr Michael Pluta will launch the official claim filing phase for creditors in the coming days, which will involve a very simple electronic claim filing process.

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Creditor’s assembly confirms self-administration of GERRY WEBER International AG

June 4, 2019 · Halle/Westphalia · Business Area Insolvency Administration

  • Trustee Stefan Meyer and committee of creditors confirmed by creditor’s assembly
  • Binding offers by potential investors expected throughout June; insolvency plan procedure also still possible
  • Implementation of the announced closure of stores in Germany in three phases scheduled as of September

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PLUTA restructuring expert Ivo-Meinert Willrodt introduces important measures in SiWo-Bau Proceedings

June 4, 2019 · Regensburg · Business Area Insolvency Administration

The provisional insolvency administrator Mr Ivo-Meinert Willrodt from PLUTA Rechtsanwalts GmbH has together with his team taken important steps in the proceedings for the assets of SiWo-Bau GmbH.

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PLUTA restructuring expert Stefan Meyer negotiating exclusively with one investor for kitchen manufacturer Warendorf

May 31, 2019

  • Staff meeting at the Warendorf site
  • Business operations will continue without any restrictions even after proceedings have been opened
  • Final negotiations exclusively with one investor

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PLUTA attorney Ivo-Meinert Willrodt appointed as provisional administrator for SiWo-Bau

May 27, 2019 · Regensburg · Business Area Insolvency Administration

Today, the Local Court of Regensburg has ordered provisional insolvency proceedings to be opened for the assets of SiWo-Bau GmbH. Mr Ivo-Meinert Willrodt, a restructuring expert from PLUTA Rechtsanwalts GmbH, was appointed as the provisional administrator. Filing for insolvency became inevitable due to a liquidity shortage, which was due, amongst other things, to bad debt losses.

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IT-Informatik GmbH restructuring itself as debtor in possession

May 15, 2019 · Ulm · Business Area Insolvency Administration

The Ulm-based IT company IT-Informatik GmbH, with branches in Berlin, Hamburg and Barcelona, is taking advantage of the opportunities offered by debtor-in-possession proceedings to reposition itself. IT-Informatik GmbH filed an application with the Local Court of Ulm for the opening of insolvency proceedings as a debtor in possession on 13 May 2019. This application was fully accepted. The court has appointed the experienced restructuring expert Mr Michael Pluta from PLUTA Rechtsanwalts GmbH as the provisional insolvency monitor.

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No Investor found for H&H Touristik Group

May 14, 2019 · Karlsruhe, Germany · Business Area Insolvency Administration

  • Trips starting on or after 1 June 2019 have to be cancelled
  • Service will continue to be provided for existing bookings
  • Business operations will probably end in August

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PLUTA restructuring expert Florian Zistler sells the Grünten lifts to BergWelt GmbH & Co. KG owned by the Hagenauer family

May 3, 2019 · Kempten, Germany · Business Area Insolvency Administration

  • Notarized purchase agreement signed
  • The investor is planning a year-round nature and leisure programme under the new name of ‘Grünten BergWelt’

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PLUTA restructuring expert Meyer acting as provisional insolvency administrator of Hahne Mühlenwerke

April 29, 2019 · Löhne, Germany · Business Area Insolvency Administration

  • Company re-files for insolvency
  • Business operations being continued without any restrictions

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ROTEC files for Debtor-in-Possession Proceedings – PLUTA Restructuring Expert Steffen Beck providing the Company with Advice

April 23, 2019 · Dresden / Ludwigsburg, Germany · Business Area Restructuring

ROTEC Anlagenbau GmbH, a machine and plant construction company based in Radebeul in Saxony, filed for debtor-in-possession proceedings with the local court responsible on 17 April 2019. One week ago, SFI Stotz Fredenhagen, another company in the same group, also filed for debtor-in-possession proceedings. The restructuring expert Mr Steffen Beck from PLUTA Rechtsanwalts GmbH is providing both companies with advice during the restructuring process.

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PLUTA team enable H&H Touristik Group trips to take place until end of May

April 11, 2019 · Karlsruhe · Business Area Insolvency Administration

The green light for additional H&H Touristik Group trips starting on or before 31 May 2019 has been given. Up until now, this had only been possible for trips beginning until the end of April.

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SFI undergoing restructuring as a debtor in possession – PLUTA advising the plant construction company in this process

April 11, 2019 · Stuttgart · Business Area Restructuring

SFI Stotz Fredenhagen Industries GmbH filed an application for debtor-in-possession proceedings on 9 April 2019. The company is provided with support and advice by the restructuring expert and general agent Mr Steffen Beck from PLUTA Rechtsanwalts GmbH.

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PLUTA restructuring expert Florian Zistler acting as provisional administrator for Feel Fiber

April 9, 2019 · Ulm, Germany · Business Area Insolvency Administration

Last week, Feel Fiber GmbH filed an application for insolvency. Following this, on 3 April 2019, the Local Court of Neu-Ulm ordered provisional insolvency proceedings and appointed Mr Florian Zistler from PLUTA Rechtsanwalts GmbH as the provisional administrator.

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Leysieffer chocolate business turning itself around as debtor in possession – PLUTA attorney Stefan Meyer acting as provisional insolvency monitor

April 2, 2019 · Osnabrück · Business Area Insolvency Administration

The chocolate business Leysieffer GmbH & Co. KG filed an application with the Local Court of Osnabrück for in-court restructuring proceedings as a debtor in possession.

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PLUTA restructuring expert Fritz Zanker appointed as provisional administrator for Gmünder Stahl + Edelstahlguss

April 2, 2019 · Stuttgart · Business Area Insolvency Administration

By an order of 1 April 2019, the Local Court of Aalen appointed the restructuring expert Mr Fritz Zanker from PLUTA Rechtsanwalts GmbH as the provisional insolvency administrator for Gmünder Stahl + Edelstahlguss GmbH & Co. KG. Filing for insolvency became inevitable for the company due to liquidity problems.

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GERRY WEBER International AG: Insolvency proceedings under self-administration opened – PLUTA attorney Meyer appointed as trustee

April 1, 2019 · Halle/Westphalia · Business Area Insolvency Administration

Today, the local court Bielefeld has ordered the scheduled opening of insolvency proceedings under self-administration for GERRY WEBER International AG. The court has appointed lawyer Stefan Meyer of PLUTA Rechtsanwalts GmbH as trustee (Sachwalter), who was previously already appointed provisional trustee. GERRY WEBER International AG had applied for the court order of insolvency proceedings under self-administration on 25 January 2019.

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Insolvency expert Michael Pluta appointed as provisional administrator for DEG Deutsche Energie

April 1, 2019 · Heilbronn · Business Area Insolvency Administration

  • Company already filed for debtor-in-possession proceedings in late 2018
  • Management withdrew its application for insolvency
  • The court reordered proceedings and appointed Mr Pluta as provisional administrator

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Ludo Fact Group acquires Ulm-based packaging and printing specialist HÖHN

April 1, 2019 · Ulm · Business Area Restructuring

  • The PLUTA team advised the company during the debtor-in-possession proceedings
  • 110 jobs saved in Ulm, Ludwigsburg and Ratingen
  • Arndt Geiwitz has overseen the proceedings as insolvency monitor since autumn 2018

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PLUTA restructuring expert Dr Thiemann sells the automotive supplier Hock Sachsen to RUPF Group

March 29, 2019 · Grünhain-Beierfeld · Business Area Insolvency Administration

  • RUPF SPW Technologies GmbH will take over business operations with effect from 1 April 2019
  • All 168 employees will be kept on
  • Last company in the well-known Hock Group successfully sold

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PLUTA restructuring expert Florian Zistler achieves solution for Kaufbeuren-based logistics service provider

March 29, 2019 · Kempten · Business Area Insolvency Administration

  • Business operations to be taken over by the well-known transport and logistics company Finsterwalder
  • All the jobs have been saved
  • Insolvency proceedings opened on 1 March

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PLUTA restructuring expert Ilkin Bananyarli sells industrial services provider QSSL to TRIGO

March 29, 2019 · Stuttgart · Business Area Insolvency Administration

Mr Ilkin Bananyarli from PLUTA Rechtsanwalts GmbH succeeded in finding an investor for the industrial services provider QSSL Industrieservice GmbH. The restructuring expert is selling the business operations with effect from 1 April 2019 to the well-known TRIGO Group. All of the 73 members of staff of the company in Fellbach near Stuttgart will be kept on. The new owner is TRIGO Böllinger Technik GmbH & Co. KG based in Bremen, a subsidiary of the TRIGO Group, which has its headquarters in France.

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PLUTA Restructuring Expert Stefan Meyer appointed as provisional Administrator for Warendorf Kitchen Manufacturer

March 12, 2019 · Münster, Germany · Business Area Insolvency Administration

• Ongoing business operations
• Employee salaries guaranteed thanks to insolvency substitute benefits
• No application was filed for the distribution company Warendorf Retail GmbH

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Teilzeit Thiele to become Part of the TEMPTON Group

March 5, 2019 · Bielefeld, Germany · Business Area Insolvency Administration

  • Teilzeit Thiele Group successfully stabilised
  • Almost all the jobs saved

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Restructuring expert Michael Pluta holds talks with potential investors for the bus equipment provider Frenzel

March 1, 2019 · Heilbronn · Business Area Insolvency Administration

Today, the Local Court of Heilbronn opened insolvency proceedings for the assets of Frenzel GmbH. Mr Michael Pluta, a restructuring expert from PLUTA Rechtsanwalts GmbH, was appointed as the insolvency administrator. He previously had acted as the provisional administrator for the bus equipment provider.

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PLUTA team enable H&H Touristik Group trips to take place until end of April

February 22, 2019 · Karlsruhe, Germany · Business Area Insolvency Administration

Good news for the customers of the H&H Touristik Group. Following intensive discussions with all those involved, the PLUTA restructuring experts announce that it will now also be possible for the trips starting on or before 30 April 2019 to go ahead. This applies to all trips travellers booked via H&H Touristik, galavital and Travel Direkt, which can take place thanks to the support provided by the insurer HanseMerkur Reiseversicherung AG.

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PLUTA restructuring experts enable more H&H Touristik Group trips to take place by end of February

February 18, 2019 · Karlsruhe, Germany · Business Area Insolvency Administration

The green light for additional H&H Touristik Group trips booked by travellers via H&H Touristik, galavital and Travel Direkt and starting on or before 28 February has been given.

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PLUTA Restructuring Expert Ilkin Bananyarli appointed as provisional Administrator for industrial Services Provider QSSL

February 13, 2019 · Stuttgart, Germany · Business Area Insolvency Administration

The Local Court of Stuttgart has ordered provisional insolvency proceedings to be opened for the assets of the industrial services provider QSSL Industrieservice GmbH. Mr Ilkin Bananyarli, a restructuring expert from PLUTA Rechtsanwalts GmbH, was appointed as the provisional administrator on 7 February 2019. Filing for insolvency became inevitable for the company due to liquidity problems.

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Restructuring Expert Michael Pluta appointed as provisional Administrator for Tour Operator H&H Touristik

February 8, 2019 · Karlsruhe · Business Area Insolvency Administration

• Trips starting on or before 20 February 2019 will go ahead
• The salaries of the roughly 80 employees are guaranteed

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Vehicle Producer Meier-Ratio sets the Course for Restructuring in Debtor-in-Possession Proceedings

February 7, 2019 · Dessau-Roßlau · Business Area Insolvency Administration

• Production being continued without any changes
• No redundancies being planned under the proceedings
• PLUTA restructuring expert Dr Thiemann appointed as provisional insolvency monitor

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Restructuring Process for Teilzeit Thiele Group will continue

February 5, 2019 · Bielefeld · Business Area Insolvency Administration

• Local Court of Heilbronn opening debtor-in-possession proceedings as planned
• Initial restructuring measures implemented by the management and the general agents
• Operations being continued without restrictions

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PLUTA Restructuring Expert Dr Kaufmann launches Process to find an Investor for Coffee Capsule Producer

February 1, 2019 · Bremen · Business Area Insolvency Administration

• Velibre GmbH based in Bremen filed for insolvency
• Start-up company developing coffee capsules from paper

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PLUTA Restructuring Expert Ivo-Meinert Willrodt appointed as provisional Administrator for Monsoon Accessorize

January 28, 2019 · Munich · Business Area Insolvency Administration

  • Business operations will be continued
  • Local branch stores will open as usual
  • Online business not affected

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GERRY WEBER International AG enters into preliminary insolvency proceedings under self-administration - Restructuring Expert Stefan Meyer from PLUTA appointed as provisional trustee

January 25, 2019 · Halle/Westphalia · Business Area Insolvency Administration

Today, GERRY WEBER International AG applied for the court order of preliminary insolvency proceedings under self-administration according to § 270 a InsO at the responsible local court Bielefeld, aiming at successfully restructuring the company through the ongoing restructuring program. The application was approved by the local court Bielefeld. The preliminary insolvency exclusively applies to the mother company GERRY WEBER International AG with about 580 employees; all subsidiaries including HALLHUBER are excluded from the proceedings. Within the scope of the preliminary self-administration, business operations of GERRY WEBER International AG are continued entirely at normal course. According to the current status, the continued financing of operations is safeguarded until the year 2020. The Managing Board remains in office with all powers and responsibilities, ensuring operations. For support, the Managing Board consults the insolvency law experienced and in the fashion industry very well-versed self-administrator and reorganization expert Christian Gerloff, Gerloff ⋅ Liebler Rechtsanwälte. In the function of a General Representative, he will coordinate in particular with regard to procedural and insolvency law issues. The local court has appointed lawyer Stefan Meyer, PLUTA Rechtsanwalts GmbH, a restructuring expert with experience in both the industry and insolvency law as provisional trustee (Sachwalter). The staff is immediately informed about the preliminary proceedings. All pay claims of employees are guaranteed by the instrument of insolvency payment.

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The Osnabrück-based Engine Manufacturer Franz Wölfer turning itself around as Debtor in Possession

January 24, 2019 · Osnabrück, Germany · Business Area Insolvency Administration

  • Operations being continued without restrictions
  • Efforts being made to restructure and save the company with the help of a new investor
  • PLUTA restructuring expert Stefan Meyer appointed as the provisional insolvency monitor
  • Restructuring expert Silvio Höfer supporting the management
  • Wages and salaries guaranteed until the end of March 2019 thanks to insolvency substitute benefits

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Investor found for E-Mobility Start-Up eluminocity

January 10, 2019 · München · Business Area Restructuring

  • Wirelane takes over business operations
  • All the jobs have been saved
  • PLUTA restructuring experts providing support during debtor-in-possession proceedings

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Restructuring Expert Michael Pluta appointed as provisional Administrator for Frenzel GmbH

January 4, 2019 · Heilbronn · Business Area Insolvency Administration

By its decision taken on 27 December 2018, the Local Court of Heilbronn ordered provisional insolvency proceedings for the assets of Frenzel GmbH and appointed Mr Michael Pluta from PLUTA Rechtsanwalts GmbH as the provisional administrator.

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SKN Group exits Debtor-in-Possession Proceedings

January 4, 2019 · Norden · Business Area Insolvency Administration

• The Local Court of Aurich terminates debtor-in-possession insolvency proceedings

• PLUTA restructuring expert Dr Christian Kaufmann acting as insolvency monitor

• Vast majority of creditors had voted in favour of the insolvency plan at the beginning of December 2018

• Thanks to the debtor-in-possession proceedings, the SKN Group has saved 288 jobs in Emden and Norden

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