MIFAs insolvency administrator Lucas Flther of Flther & Wissing welcomes the judgment of the court of appeal in Naumberg. The courts decision is an important victory for the numerous creditors of MIFA AG. The court has followed our plea that the property belongs to the assets of the MIFA. Now we have to wait and see if the verdict will be final.
Financial support for MIFA
The verdict and the possible approval of the revision of the German Federal Court of Justice is still pending. Once this is done, the district of Mansfeld-Sdharz has four weeks to decide whether to appeal against the verdict.
In such a case, the sale of the property is subject to the so-called insolvency challenge
In April 2014 the district of Mansfeld-Sdharz had bou…
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