Deutsche Lichtmiete AG – What does the publication mean? Interview with lawyer Jens Reime
69 IN 7/22: In the insolvency proceedings concerning the assets of Deutsche Lichtmiete AG,
Im Kleigrund 18b, 26135 Oldenburg (Oldenburg)
(District Court of Oldenburg HRB 210126), vertr. d.: Dr.
Gert Sieger, Löwenstraße 90, 70597 Stuttgart (Board of Directors)
is lawyer Dr.
Thomas Wazlawik, Mittelweg 9, 20148 Hamburg
has been appointed special insolvency administrator with the following tasks: Conclusion of an assignment agreement – in accordance with the draft dated August 2, 2024 – with 1.
Attorney Rüdiger Weis, Mittelweg 9, 20148 Hamburg
as insolvency administrator over the assets of Deutsche Lichtmiete Produktionsgesellschaft mbH (AG Oldenburg 16 IN 14/22) 2.
Attorney Rüdiger Weis, Mittelweg 9, 20148 Hamburg
as insolvency administrator over the assets of Deutsche Lichtmiete Vermietgesellschaft mbH (AG Oldenburg 16 IN 15/22) 3.
Attorney Rüdiger Weis, Mittelweg 9, 20148 Hamburg
as insolvency administrator over the assets of Deutsche Lichtmiete Handelsgesellschaft mbH (AG Oldenburg 63 IN 7/22) concerning alleged claims for damages against […]. The complete decision can be viewed at the office of the insolvency court. Legal remedies This decision can be contested with a temporary reminder. It must be submitted within an emergency period of 2 weeks to the Oldenburg District Court (Oldb),
Elisabethstr. 8, 26135 Oldenburg
Electronic court and administrative mailbox: govello-1166696727501-000010142. The deadline begins with the delivery or announcement of the decision. Anyone whose rights are affected by this decision is entitled to lodge a reminder. The reminder can be lodged by submitting a reminder or can be recorded in the record of the office of any local court, whereby the deadline is met when it is received by the Oldenburg (Oldb) local court.
Elisabethstr. 8, 26135 Oldenburg
Electronic court and administrative mailbox: govello-1166696727501-000010142. It must be signed by the person filing the reminder or his or her representative. The reminder must contain the name of the contested decision and the declaration that an objection is being lodged against this decision. If the decision is only to be contested in part, the extent of the challenge must be specified. The reminder must be justified. District Court of Oldenburg (Oldb), August 2, 2024
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Based on this communication and the interview with lawyer Jens Reime, the following can be summarized for investors:
1. Special insolvency administrator appointed: Dr. Thomas Wazlawik was appointed as special insolvency administrator for the insolvency proceedings of Deutsche Lichtmiete AG. This indicates a complex situation that requires special expertise.
2. Assignment agreement: The special insolvency administrator is to conclude an assignment agreement with the insolvency administrators of various subsidiaries of Deutsche Lichtmiete. This concerns possible claims for damages.
3. Potential damages claims: The mention of “alleged damages claims” could indicate an attempt to secure assets for the bankruptcy estate, which could potentially be in the interest of creditors (including investors).
4. Complexity of the procedure: The appointment of a special insolvency administrator and the involvement of several subsidiaries demonstrate the complexity of the insolvency procedure.
5. Possible delays: Such legal action may lead to delays in the insolvency process, meaning investors may have to wait longer for any repayments or clarifications.
6. Legal options: The legal remedies notice shows that affected parties have the opportunity to appeal against this decision. This could mean further delays or changes in the procedure.
7. Need for attention: Investors should continue to closely monitor developments in the insolvency proceedings, as each step may have potential implications for their claims.
8. Potential recoveries: Pursuing claims for damages could potentially increase the size of the bankruptcy estate, which could theoretically benefit creditors.
Overall, this announcement signals that the insolvency proceedings are entering a complex phase in which attempts are being made to secure potential claims. Investors should remain patient, but also be aware of their legal options and seek professional legal advice if necessary.
