PLUTA restructuring expert Dr Christian Kaufmann appointed provisional administrator for ESG Leer GmbH

ESG Leer GmbH has filed for insolvency. On 24 July 2025, the Local Court of Leer ordered provisional administration for the care provider’s assets and appointed Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH as provisional insolvency administrator.

ESG Leer GmbH operates the ‘An der alten Molkerei’ retirement home in Leer, which remains fully operational. The continued care of the current 42 residents is ensured. The retirement home has 92 single rooms.

The company employs 64 people, who were informed about the current situation during a staff meeting held yesterday. The employees’ salaries are guaranteed for a period of three months to the end of September thanks to specific substitute benefits provided under German insolvency law. An information event for residents and their relatives also took place yesterday. Representatives of the home supervision and health supervision authorities were present to answer any questions from family members on behalf of the administration.

Provisional insolvency administrator Dr Christian Kaufmann from PLUTA said, “We have given the employees, residents and relatives detailed information about the situation. The business remains fully operational. The complete and continued care of the residents is ensured.”

Search for investors to begin

The company has filed for insolvency as significant cost increases have led to a liquidity gap. “We have been able to gain an initial overview of the financial situation over recent days. Our goal is to ensure the retirement home’s survival. To this end, we will shortly initiate the process of finding an investor,” continued Dr Kaufmann. The PLUTA restructuring team further includes attorney Mr Alexander Bortfeldt (LL.M.) and business management expert Mr Frederic Hupens (M.A.).