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German Creditor Pool Brings EUR 1 Bln Action Against Heta Before Frankfurt Regional Court
The lawsuit demands almost EUR 1 billion and is brought in Frankfurt/Main against asset resolution company Heta. The creditor pool consists largely of German creditors which demand immediate repayment of bonds and promissory note loans.
Roland Hoffmann-Theinert: The lawsuit demands almost EUR 1 billion. / Picture: © Vindobona.org
German Creditor Pool Görg filed an action with the Frankfurt/Main Regional Court on behalf of a creditor pool consisting of 11 well-known investors from Germany and Austria.
The action is brought against Heta Asset Resolution AG, Klagenfurt and seeks to compel the repayment of claims totalling almost EUR 1 billion.
The spokesperson for the pool is Dexia Kommunalbank…
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