The UDI Group from Nuremberg promised its investors to achieve good returns with eco-investments. Now it’s all about how much money the creditor can be saved in bankruptcy.
(Photo: udi)
Frankfurt, Berlin, Düsseldorf The frontal attack on the insolvency administrator of the UDI group is 15 pages long and bears the letterhead of the law firm Schirp & Partner from Berlin. In the letter, investor attorney Wolfgang Schirp calls on the district court in Leipzig to dismiss insolvency administrator Jürgen Wallner from office. Schirps law firm represents some UDI investors. For him it is about a “proper processing of the previous events,” he writes.
The timing is tricky: The creditors’ meetings of the eight insolvent UDI fixed-rate companies will take place this Friday and next, at which Wallner could be confirmed in office or replaced. Schirp criticizes that the Dresdner is not independent, he has violated personal obligations and “destroyed the fundamental trust in proper conduct”.
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