News Article
Qimonda has insolvency appointment made
Dr. Michael Jaffé appointed as preliminary insolvency administrator for Qimonda
The local court in Munich today appointed Dr. Michael Jaffé, a lawyer specialized in insolvency law and expert in restructuring, as preliminary insolvency administrator for Qimonda AG and Qimonda Dresden OHG. Today, both companies petitioned for the opening of insolvency proceedings, Qimonda AG due to illiquidity and Qimonda Dresden OHG due to threatening illiquidity. Together with the Management Board, Dr. Jaffé will inform employees and the public in a timely and comprehensive manner about the next steps.
The best-known common insolvency proceedings and restructuring cases handled by Dr. Michael Jaffé are KirchMedia and KirchBeteiligung, Knaus Tabbert Group, textile manufacturer TWD and NICI AG.
The best-known common insolvency proceedings and restructuring cases handled by Dr. Michael Jaffé are KirchMedia and KirchBeteiligung, Knaus Tabbert Group, textile manufacturer TWD and NICI AG.
