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Following the decision taken on 19 January 2017, the Local Court of Heilbronn appointed Ms Heike Metzger from PLUTA Rechtsanwalts GmbH as the provisional insolvency administrator for Laura Chavin Cigars GmbH.
Since being founded in 1998, the company has been selling high-quality cigars in the premium segment in Germany and in other countries such as Switzerland, Japan and Russia. The cigars are produced in a manufacturing facility in the Dominican Republic exclusively for Laura Chavin and are well known for their extraordinarily high quality standards.
Heike Metzger from PLUTA Rechtsanwalts GmbH, explains: “Business operations will be continued without restriction. The customers can continue ordering and will receive their goods on time.”
The brand name Laura Chavin is well known and well established in the industry. Metzger says, “The first prospective investors have already shown interest. I am therefore optimistic that we can find a solution for Laura Chavin.” The restructuring expert is aiming to continue business operations and the brand name Laura Chavin on a long-term basis.
Production in the Dominican Republic, the storage of the valuable tobacco and the high quality of the product are all guaranteed. Furthermore, there will be no negative impact on the availability of the product. This means that customers can continue to put their trust in the high quality standards. Moreover, the full scope of the business operations of the online shop will also be maintained.