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Hypo Group and BayernLB Keep on Fighting

Published: June 26, 2013; 15:53 · (Vindobona)

Hypo Group responds to the BayernLB’s lawfile at the Regional Court in Munich. Both banks will not give up their very hard stance.

Hypo Group and BayernLB Keep on Fighting / Picture: © BayernLB

The court dispute between BayernLB and nationalized Carinthian Hypo Group about the repayment of around € 2bn has entered the next round. Hypo has responded to the lawsuit filed by BayernLB at the Regional Court I in Munich and the German bank has reacted, a spokesman of Hypo confirmed to BayernLB on Wednesday.

According to the equity substitution law (EKEG), paragraph 14, the…

This article includes a total of 461 words.

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