Munich, September 9th, 2016
At Wednesday’s creditors’ meeting, the insolvency administrator Dr. Frank Kebekus reported on the status of the insolvency proceedings at the local court Dortmund. As the elected joint representative for the bonds 2014/18 (WKN: A12UAE /ISIN: DE000A12UAE0) and 2015/17 (WKN: A14J4G /ISIN: DE000A14J4G3) One Square Advisory Services GmbH represented the bondholders of the relevant bonds in that meeting. One Square Advisory Services will provide the written report by the insolvency administrator to bondholders providing proof of their bondholder position, in form of a current deposit statement (dated September 7th, 2016 or newer). Inquiries must be sent via email: firstname.lastname@example.org or via fax: +49 89 15 98 98 22.
During the creditors‘ meeting the insolvency administrator Dr. Frank Kebekus was confirmed in his position. A creditors’ committee has been appointed with One Square Advisory Services being part of it. Additionally, the creditors‘ meeting decided to transfer major responsibilities from the creditors‘ committee to the creditors’ meeting. In the future, all major decisions concerning amounts in excess of € 300,000.- must be approved by the creditors‘ meeting. Bondholders therefore have a significant influence on these decisions.
One Square Advisory Services GmbH keeps registered bondholders informed about the proceedings and is available for further questions at any time, especially under email@example.com.