Press Reviews

The Local Court appointed Ilkin Bananyarli of PLUTA as insolvency monitor for the knitting machine manufacturer Mayer & Cie. from Albstadt, which has filed for debtor-in-possession proceedings. Business operations with around 280 employees will continue, wages and salaries are secured through insolvency benefits. A wide range of trade and regional media covered the announcement.

After several months of continued operations and an intensive transaction process, the automotive supplier UBC Composites GmbH has found a new investor. Attorney Philip Konen and business economist Ludwig Stern from PLUTA, acting as general agents. The solution for UBC Composites received broad coverage in trade and regional media.

Gela Form has filed for insolvency. The Herford-based manufacturer of furniture components submitted its application to the district court in Bielefeld, which appointed attorney Dr. André Wehner as the provisional insolvency administrator. The case has been covered by specialist media.

The local court has ordered provisional insolvency administration for the assets of NeroForce GmbH and appointed Georg Jakob Stemshorn as provisional administrator. Restructuring experts are working to identify a suitable investor for the business. The search for an investor has attracted attention from trade and specialist media.

PLUTA insolvency administrator Daniel Barth finds an investor for banke GmbH. The investor is taking over the business operations and retaining the employees as part of an acquisition concept. Industry portals and trade media are reporting on the solution for the brewery equipment manufacturer.

Börsen Zeitung reports on the subject of the age limit. For many employees of consultants and law firms, age limit rules come into effect in the first half of their 60s. PLUTA Restructuring Expert Bernd Richter moved from EY to PLUTA and is 62 years old. He is quoted on this topic.