Landshut, 30 July 2024 – Endor AG (WKN 549166 / ISIN: DE0005491666) today filed an application with Landshut Local Court to open insolvency proceedings due to over-indebtedness and insolvency. Endor AG’s foreign companies are not affected by the application.
The attempt to restructure Endor AG in accordance with the German Company Stabilisation and Restructuring Act (StaRUG) has failed. The reason for this was the request by the former CEO and majority shareholder to convene an extraordinary general meeting in order to prevent a reorganisation under the StaRUG without presenting a viable alternative scenario.
Endor AGが破産手続きの開始を申請。組織の改編(リストラ等)を行い、業務は継続するとのこと。いきなり無くなるってことはなさそうなんだけど、どうなることやらって感じ。