COREALCREDIT BANK AG
German Federal Court of Justice (Bundesgerichtshof) allows appeal (Revision) by COREALCREDIT BANK AG against judgment in proceedings against former AHBR management board members
COREALCREDIT BANK AG / Key word(s): Legal Matter 19.10.2012 15:09 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- COREALCREDIT BANK AG had sued those past members of the former AHBR's (Allgemeine HypothekenBank Rheinboden) Management Board who served between 2001 and mid-2002 for damages amounting to EUR 250 million in connection with derivative transactions. The claim had been rejected at first and second instance (see ad hoc notification dated 22 March 2011). The Frankfurt/Main Higher Regional Court (Oberlandesgericht Frankfurt am Main) in its judgment refused leave to further appeal; COREALCREDIT BANK AG appealed this refusal with the so called 'Nichtzulassungsbeschwerde' (appeal against refusal to leave to further appeal) before the German Federal Court of Justice (Bundesgerichtshof). Now, the German Federal Court of Justice accepted the 'Nichtzulassungsbeschwerde' and allowed the further appeal (Revision) against the judgment of the Frankfurt/Main Higher Regional Court. The outcome of the further appeal (Revision) remains to be seen. The further appeal is pending with the German Federal Court of Justice under court reference number II ZR 90/11. Contact: Dr. Leo Cremer Strategy & Communications Phone: +49 (0)69 7179-665 leo.cremer@corealcredit.de --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Please find a register of all listed securities of COREALCREDIT BANK AG on our website http://www.corealcredit.de/upload/wertpapiere/Wertpapierliste.pdf 19.10.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: COREALCREDIT BANK AG Grüneburgweg 58-62 60322 Frankfurt am Main Germany Phone: 069 / 7179 - 543 Fax: 069 / 27179 - 543 E-mail: axel.leupold@corealcredit.de Internet: www.corealcredit.de ISIN: DE000A0BU964 WKN: A0BU96 Listed: Regulierter Markt in Frankfurt (General Standard) End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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