Wohnungsbaugesellschaft Leipzig west - purposeful purchase rumors

(openPR) - an alleged bid disconcerts at present the investors of the insolvent Wohnungsbaugesellschaft Leipzig west AG (WBG). Therefore the WBG is to be sold to a Austrian entrepreneurial group - including all debts. The German consumer protection ring from Erfurt warns damages to weigh early in security.

The Leipziger people newspaper had recently reported, a Austrian entrepreneurial group had delivered a declaration of purchase intent for the Wohnungsbaugesellschaft gone into bankruptcy. Part the bid is allegedly also the complete assumption of all commitments.

Verbraucherschützer are surprised over this unusual information, a purchase with so large warranties would finally equal practically a disencumberment for the damaged investors. Which sounds itself first pleasing, emerges with closer Hinsehen obviously than dangerous rumor, how the German consumer protection ring (DVS registered association) warns. According to insolvency manager there are different prospective buyers, however these are rather interested in the real estates of the WBG.

„That investors are interested obviously more in buildings and properties than in the WBG as a whole, do not continue to be not amazingly “, say Torsten Geissler, confidence lawyer of the German consumer protection ring (DVS registered association) from Jena. Finally straight once 48 million euro at net assets face the demands of the 38,000 creditors of 330 million euro. „Why a buyer such an failure object should itself aufhalsen, if he receives the interesting real estates during the auction by order of the court for a fraction of the actual value “

The case of the Wohnungsbaugesellschaft Leipzig west is considered as one of the largest financial scandals in the new Lands of the Federal Republic. The insolvency procedure had been opened in September. At the beginning of November raised the public prosecutor's office accusation because of fraud and insolvency kidnapping against a member of the board and the majority owner. The WBG had promised investors between 5,5 and 7 per cent from bearer bonds. So far straight once well 60 per cent of the deposited funds to the loan creditors were returned.

Geissler: „With before-bleached the bid it acts our estimate after around aimed strewn rumors. They aim obviously off to weigh the investors in security. “Actual does not have the responsible district court Leipzig any knowledge of an investor, as the demand of the DVS Verbraucheranwälte resulted in. The DVS guesses/advises investors concerned to be careful with hasty hopes for disencumberment. In comparable other cases of bankruptcy this possibility never realized itself.

Investors concerned can follow „the community of interests WBG Leipzig west " in the German consumer protection ring DVS registered association. The German consumer protection ring DVS registered association lets the requirements of the investors examine by the contract lawyers of the association. The admission into the community of interests costs uniquely 70 euro (zzgl. VAT). This amount covers the handling charges of the DVS registered association. The further membership in the community of interests is noncontributory.

The 70 euro are charged regarding a later agency of the attorneys in full height with the lawyer costs. The requirement examination of the case by the attorneys releases however no separate costs. For questions in this affair the telephone number 03641/353504 of the DVS office Jena is to the investors at the disposal.

Further information under www.dvs-ev.net

DVS German consumer protection ring registered association.
Pressing and public work
Peter Speier
Brühler Hohlweg 7
99094 Erfurt
Tel. 0361/2279429
E-Mail info@dvs-ev.net
presse@dvs-ev.net
Web www.dvs-ev.net

The German consumer protection ring (DVS)

The consumer is the weakest member of our economics. In order to protect and occur for it its rights effectively, the German consumer protection ring registered association (DVS) was brought into being.

The DVS bundles among other things interests of damaged consumers against economically stronger large damage causers and sets these interests bundled, flanked from an efficient press work, also through. Beyond that the DVS with a Prozessfinanzierer co-operates, which will examine the requirements of the damages in addition for process financing possibilities.

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