DGAP-News: SiC Processing GmbH: Notification of insufficiency of insolvency estate pursuant to sections 285, 208 German Insolvency Code
(firmenpresse) - DGAP-News: SiC Processing GmbH / Key word(s): Insolvency
SiC Processing GmbH: Notification of insufficiency of insolvency
estate pursuant to sections 285, 208 German Insolvency Code
26.03.2013 / 15:36
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Quasi-ad hoc-announcement
of
SiC Processing GmbH,
Hirschau
(ISIN DE000A1H3HQ1)
Notification of insufficiency of insolvency estate pursuant to sections
285, 208 German Insolvency Code
Hirschau, 26 March 2013 - Today, the supervisor of SiC Processing GmbH, Dr
Hubert Ampferl, has notified the local court of Amberg pursuant to sections
285, 208 of the German Insolvency Code that the insolvency estate is
currently insufficient to cover the costs of the insolvency proceedings and
the other liabilities of the estate which are due and payable. As a
consequence, the company has - for the time being - not to satisfy the
liabilities of the estate which came into existence up to now. This step
enables the company, to fulfil its contractual obligations arising from
service, supply, employment and other contracts and to satisfy new
liabilities of the estate resulting from such contracts.
Register on our Website under
http://www.sic-processing.com/index.php/Newsletter.html
to receive the latest announcement of SiC Processing Group automatically
About SiC Processing GmbH:
SiC Processing GmbH is the leader for recycling of slurry from water sawing
processes of PV and semiconductor industries. The SiC Processing group has
established itself in a timeframe of only eleven years as global leader for
the recycling of slurry. The production sites are located in Germany, China
and the US. In Italy, SiC Processing runs a sales agency, while the site in
Norway was shut down mid of 2012 following bankruptcy of the Norwegian
customer. To date, the group employs 617 employees. Beside the majority
shareholder Nordic Capital Fund VII, the founder family has a shareholding
of 25 per cent in the Company. You can find more information at
www.sic-processing.com.
Press Contact:
Markus Kreuzer
Head of Marketing and Communications
Telephone: 0049 (0) 9622 - 70 39 273
E-Mail: markus.kreuzer(at)sic-processing.de
N.B. The text in English is a courtesy translation from German only. In the
event of any discrepancies between the two, the German original text shall
prevail.
End of financial news
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205211 26.03.2013
Themen in dieser Pressemitteilung:
sic-processing-gmbh-notification-of-insufficiency-of-insolvency-estate-pursuant-to-sections-285
208-german-insolvency-code
Unternehmensinformation / Kurzprofil:
Datum: 26.03.2013 - 15:36 Uhr
Sprache: Deutsch
News-ID 243181
Anzahl Zeichen: 3050
contact information:
Kategorie:
Business News
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