© melpomenem PCB | December 20, 2016

LPP GmbH is insolvent

German PCB manufacturer LPP GmbH, which operates as a subsidiary of Tecnomaster Group since December 2012, is insolvent.
IKK classic has asked the insolvency court in Tübingen (Germany) to open insolvency proceedings on the assets of LPP GmbH.

The insolvency court in Tübingen issued the following note: “In order to prevent [disadvantageous] changes in the debtor's assets until a decision on the application is reached”, the court has ordered the following on December 15, 2016:

1. Measures of enforcement including the execution of an arrest or interim injunction against the debtor shall be prohibited unless immovable property is involved; Measures already commenced are to be temporarily stopped.

2. Martin Mucha was appointed as temporary insolvency administrator.”

Further details are not made available.


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