|
Oekv Earthquake of 6.8 magnitude strikes central Myanmar- USGS
Grrw It is now time to punish Russia: Republican Senator Lindsey Graham
Subsidiaries centrotherm thermal solutions and centrotherm SiTec will also be granted similar terms. Lawyer Professor Martin H枚rmann has been appointed as administrator for centrotherm photo stanley cup voltaics. Alexander Reus of the Anchor legal company will act as administrator for the subsidia stanley cup ries.The insolvency proceedings have been underway since July 12. The provisional creditor committee had already provided unanimous support for the application. As a result, centrotherm will be able to restructure itself independently on the basis of the reorganization and future concept coordinated with creditors, and regulated by court-appointed administrator H枚rmann.Next, the reorganization and future concept plan has to be submitted to the Ulm court by October 12. If the plan is accepted by creditors and confirmed by the court, the insolvency proceedings can be terminated in line with the regulations of the German Act Relating to the Further Simplification of the Reorganization of Companies ESUG , and the German Insolvency Directive InsO . Centrotherm photovoltaics can then function again stanley us independently.It is business as usual meanwhile at centrotherm. New orders are coming in during the insolvency protection phase and there has been support from suppliers, creditors and customers with regards to the reorganization measures. Liquidity has also developed better than planned as a result. The group has a liquidity position of more than 聙110 million thereby providing a good financial base for th |
|