Sponsored Content
Hypo Group’s Silence Bewilders Bayern LB
People ♦
Published: March 21, 2013; 17:06 ♦ (Vindobona)

Sponsored Content
Bayern LB is puzzled as to why former affiliate, Carithian Hypo Group, has not shown any efforts to state their position before court.

In a legal dispute about the payback from credits in the Regional Higher Court Munich, Hypo Group ‑ according to Gerd Häusler, chairman of the managing board – has not defined its version yet. To him this kind of behavior by a debtor not trying to explain his allegations in a trial is new.
In mid-December last year, nationalized Hypo Group has announced to stop making…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Austria: Nationalizing Hypo Group Prevented BayernLB from Losses (March 11, 2013)
BayernLB Rejects Settlement with Hypo Group (March 2, 2013)
Hypo Group Refuses to Repay Loans to BayernLB (December 14, 2012)
Hypo Group: Difficult Negotiations with Austrian State (October 9, 2012)
Hypo Group: € 3.0bn Debts at BayernLB (December 3, 2011)
Sponsored Content
Read More
Featured