SONOVTS has been saved and intends to start again with a new investor
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Having only just moved to its new premises in Eching in December, the company filed for insolvency in order to put the business on a new, commercially stable footing again. “We achieved it in record time. Business operations will move to the newly established SONOVTS Media GmbH, which is backed by a private inves-tor. SONOVTS Media will also be taking on the employees and the ongoing pro-jects,” according to CEO Stefan Krömer.
Together with insolvency administrator Stefan Waldherr, he also informed the employees on site of the latest developments. “It is the best possible solution, not only in the interest of the employees but also the creditors and customers,” said lawyer Stefan Waldherr, explaining the situation to the employees.
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“Thus, SONOVTS remains an internationally sought-after partner for transmissions of major sporting and political events. With the new investor we can now make a fresh start with renewed energy,” said CEO Franz Olbert.
Further information
Stefan Waldherr is a lawyer specialising in insolvency law. He has worked as an insolvency administrator since 1992 and he heads the offices of JAFFÉ Rechtsanwälte Insolvenzverwalter in Nuremberg and Landshut. He is regularly appointed as an insolvency administrator or trustee by a large number of insol-vency courts throughout Bavaria. Recently he was significantly involved as a trus-tee in the successful financial recovery of Meiller GHP, the market leader in indi-vidualised customer communication and dialogue marketing in Europe. The dis-trict court of Landshut appointed him as the insolvency administrator for sonoVTS GmbH.
JAFFÉ Rechtsanwälte Insolvenzverwalter has been one of Germany’s leading law firms in the areas of insolvency administration, insolvency law, and procedural law, in particular in complex and cross-border procedures, for more than two decades.
For more information please contact:
Media contact for the insolvency administrator: Sebastian Brunner tel.: +49175/5604673
email: sebastian.brunner@brunner-communications.de