DGAP-News: Private Capital Markets AG: Mr. Joachim Paech's faulty of bankruptcy motion; Company

DGAP-News: Private Capital Markets AG: Mr. Joachim Paech's faulty of bankruptcy motion; Company assesses damages against Mr. Joachim Paech

ID: 283952

(firmenpresse) - DGAP-News: Private Capital Markets AG / Key word(s): Miscellaneous
Private Capital Markets AG: Mr. Joachim Paech's faulty of bankruptcy
motion; Company assesses damages against Mr. Joachim Paech

01.08.2013 / 15:22

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Media Information

Mr. Joachim Paech's faulty of bankruptcy motion
Company assesses damages against Mr. Joachim Paech

Zurich, 01.08.2013. The Private Capital Markets AG, previously Silvia
Quandt Capital Markets (Switzerland) Ltd., Zurich, announces that the
District Court of Zurich, hereby rules on 27 June 2013 as follows:
The assertion introduced by the former Board of Joachim Paech that Silvia
Quandt&Cie. AG, Frankfurt am Main, was not the owner of all shares of
Silvia Quandt Capital Markets (Switzerland) AG at the time of the
Extraordinary General Meeting on 28.09.2012, the court rejected as unfit.

Joachim Paech could in no way provide evidence for his claim that shares
are in possession of the former trustee Victor Sauter and Mrs. Tina
Hunziker. However, the Board Director Anna Wohlthat could provide many
contrary evidence to the court.

The Court has also ruled that Joachim Paech was no longer entitled for the
indebtedness indicator, Silvia Quandt Capital Markets (Switzerland) AG by
the Extraordinary General Meeting. Joachim Paech has begun the
indebtedness display at a time when he was already dismissed from his
position as a director. He acted not as an institution but as unauthorized
third parties. As Silvia Quandt Capital Markets (Switzerland) AG has not
been found in bankruptcy difficulties, the now renamed Private Capital
Markets AG Company will make claims for the resulting damage to Mr. Joachim
Paech.

The Board of Directors

Information:
Private Capital Markets AG, 'Auf der Mauer' 1 8001 Zu?rich,




welcome(at)private-capital.ch


End of Corporate News

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01.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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223892 01.08.2013


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Datum: 01.08.2013 - 15:22 Uhr
Sprache: Deutsch
News-ID 283952
Anzahl Zeichen: 6457

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