Mattil & Kollegen
Mattil & Kollegen: Deadline for registering for the creditors’ meeting expires on 30 June 2016! Kanzlei MATTIL represents holders of bonds and participation certificates at the creditors’ meetings
DGAP-News: Mattil & Kollegen / Key word(s): Bond/Insolvency 2016-06-24 / 18:10 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The insolvency court at Schwerin local court ["Amtsgericht"] has invited the holders of the three bonds as well as of the participation certificates to attend creditors' meetings in July in accordance with Sec. 19 (2) SchVG ["Schuldverschreibungsgesetz" - German Bonds Act]. The deadline for registration expires on 30 June 2016; any registrations received after that date must still be taken into account - even on the date of the meeting. Nevertheless the creditors must take action now in order to assert their rights at the creditors' meetings. The insolvency court did not meet the request to appoint a proxy for the holders of the bonds and participation certificates. Kanzlei MATTIL undertakes to exercise the voting rights of the holders of the bonds and participation certificates at the creditors' meetings in Schwerin on 5 July 2016 Bond 2011/16, ISIN: DE000A1H3J67, securities ID number: A1H3J6 6 July 2016 Bond 2013/18, ISIN: DE000A1TNAP7, securities ID number: A1TNAP 7 July 2016 Bond 2014/19, ISIN: DE000A13R5N7, securities ID number: A13R5N 8 July 2016 Participation certificates, ISIN: DE000A141BE2, securities ID number: A141BE free of charge. In this way, investors unable to attend the meetings in Schwerin on the above dates can take part in the voting. The insolvency administrator will inform the holders of the bonds and participation certificates on the status of proceedings on the dates listed above. After the report from the insolvency administrator, the creditors can appoint a joint representative. The joint representative will represent the interests of all bondholders vis-à-vis the insolvency administrator and will receive payment from the insolvency assets. Kanzlei MATTIL will inform the investors it represents in a timely manner on the outcome and content of the insolvency administrator's report. Sascha Borowski, (specialist attorney for banking law and capital markets law) from Kanzlei MATTIL in Munich, is a member of the provisional creditor committee at German Pellets GmbH (for the bondholders there) and is putting himself forward for the position of joint representative. For more than 20 years, Kanzlei MATTIL has been representing investors from the field of capital investment law and is characterized by its special closeness to investors and their particular financial situation. In many large investment scandals, Kanzlei MATTIL has successfully represented large groups of investors collectively and obtained numerous landmark rulings, e.g. the first success proceedings under KapMuG ["Kapitalanlegermusterverfahrensgesetz - German Law on Investor Model Actions] (ruling by Munich Higher Regional Court ('OLG') dated 30 December 2011, KAP 1/07). --------------------------------------------------------------------------- 2016-06-24 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de ---------------------------------------------------------------------------
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found