Arcandor AG
Distributor/Wholesaler in Cologne
The Amtsgericht Essen (Az: 162 IN 161/09) 1 September 2009, insolvency proceedings over the assets of the holding company Arcandor AG and other companies of the Arcandor Group. The insolvency administrator of Arcandor AG iI will act in the interests of creditors. Its primary task is therefore to find ways to satisfy the existing creditor liabilities as possible. All assets of the common debtor Arcandor AG iI be utilized pursuant to the provisions of the insolvency law of the insolvency administrator. The proceeds of the recovery must and will be used to meet the outstanding claims of creditors of Arcandor AG iI. These processes are directly to shareholders without significance: shareholders are MiteigentŸmerund thus no creditors. All measures that are currently being carried out on the part of the insolvency administration and familiar exclusively serve the interests of creditors. Therefore, the shareholders may neither present nor future realized recoveries of benefit to the present state of the insolvency proceedings. These recoveries will not affect the net asset value of the Arcandor share. The shareholders do not participate in the distribution process.
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- Rating 95% Sep 2022 Verify
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Locations
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Kennedy Place 2
Cologne
Germany D50679