News
Future solution for the Rüster Group achieved: Turkish Bayrak Lastik Group takes over business operations of the automotive supplier - More than 600 jobs saved at all German sites
- Successful conclusion of the investor process in an extremely difficult industry environment - All four of the Group's sites in Germany are to be continued after the acquisition and all employees are to be taken on - Rüster CRO Christian Stoffler: "This pleasing solution for the future was only made possible by the close cooperation between employees, customers and suppliers." Deggingen/Munich, May 17, 2023 - The future solution for Tier1/2 automotive supplier Rüster is in place: Bayrak Lastik, a leading Turkish automotive supplier, yesterday signed an agreement [...]
HR Group files for insolvency - business operations continue
- Investor process for wholesale shoe retailer and logistics service provider could not be completed due to insolvency of retail shoe supplier RENO - After-effects of the Corona crisis, considerable reluctance to buy due to more expensive energy and inflation as well as outstanding receivables exacerbate liquidity situation - Experienced restructuring specialist Dr. Christian Gerloff appointed as provisional insolvency administrator - Customer orders will continue to be accepted and processed, employees will receive insolvency benefits until the end of June Osnabrück, April 12, 2023. The management of the HR Group has filed an insolvency application for nine German companies with the Osnabrück [...]
Future market vertical farming: Gerloff Liebler reaches asset deal with Growy Holdings BV in insolvency proceedings of Kalera GmbH
Munich, 01.02.2023 - The law firm Gerloff Liebler Rechtsanwälte , Munich, which specializes in insolvencies and restructurings, has achieved a sales success in the insolvency proceedings of Kalera GmbH. An agreement was concluded with the Dutch Growy Holding BV, which provides for the acquisition of the main assets of the vertical farming company in an asset deal. These are a fully automated farm already in operation in Kuwait and a farm in Singapore that is currently [...]
Bakery oven manufacturer WACHTEL seeks restructuring in self-administration
Continuation of business operations and investor process planned Düsseldorf District Court grants application under Section 270a of the German Insolvency Code Special situation due to skyrocketing material prices and a decline in orders from the energy-intensive bakery sector Dr. Christian Gerloff from Munich-based law firm Gerloff Liebler joins management as Chief Restructuring Officer (CRO) Hilden, December 6, 2022 - WACHTEL GmbH, an internationally active premium manufacturer of ovens and refrigeration systems for bakeries, is seeking restructuring and realignment in self-administration [...]
Gerloff Liebler supports automotive supplier Rüster in financial realignment as part of self-administration proceedings
Christian Stoffler as CRO and Dr. Christian Schmitt as General Representative contribute their expertise in the automotive sector Martin Mucha (Grub Brugger) appointed as provisional administrator Timely investor process planned to overcome liquidity crisis of Rüster and create sustainable stable financial basis Deggingen/Munich, 24. November 2022 - The law firm Gerloff Liebler Rechtsanwälte , Munich, which specializes in insolvencies and restructurings, is playing a key role in steering the planned financial restructuring of Rüster GmbH as part of insolvency proceedings in [...]
Commentary on the Remuneration Ordinance under Insolvency Law (Section 4 InsVV)
Author: Christian Stoffler Published: Kübler/Prütting/Bork, InsO, Commentary on the Insolvency Code Link: www.beck-online.beck.de/Dokument.. Abstract: Business Expenses. Liability insurance General business costs and expenses The employment of auxiliary staff in general and the contribution of own special competence in the sense of § 5