In a separate announcement, e.Go writes that it has filed an application for the opening of insolvency proceedings with the Aachen district court in Germany. Dr Claus-Peter Kruth from the AndresPartner law firm has been appointed provisional insolvency administrator. e.Go describes him as a restructuring expert, but it has not yet been decided whether the company will be restructured.
Over the next few weeks, Dr Claus-Peter Kruth will gain an overview of the economic situation on site in Aachen and enter into discussions with all key stakeholders. On this basis, he will examine all the reorganisation options available to him, e.Go states in its German press release. On Friday, the companys approximately 320 employees were informed of the…
Read the full article at: https://www.electrive.com/2024/03/11/german-ev-manufacturer-e-go-slips-into-insolvency-again/