Post by SandStorm on Mar 26, 2007 20:50:00 GMT
he insolvent Handy manufacturer BenQ mobile sees itself confronted with demands at a value of scarcely 1.2 billion euro. Altogether so far approximately 4,350 creditors announced their requirements, as the insolvency manager implemented Martin Prager on past Wednesday before scarcely 400 creditors in Munich, traveled. However only one fortune of 300 millions euro faces the demands announced so far after current level of knowledge, from which besides still expenditures such as costs of the transfer company, for which discharge production and possible court processes must be settled.
The height of the paymentable insolvency mass depends according to Prager besides still on the exit of pending negotiations and court processes. “A concrete prognosis for the height of the ratio is therefore at the current time not possible, is accounted for at the conclusion”, lets Prager in an appropriate sending know. The insolvency manager assumes however the ratio within the two digit range moves. Usual are otherwise ratios between three and five per cent. Open it is about in what respect still successfully requirements opposite the former company nut/mother BenQ Corp. in Taiwan validly to be made, so Prager could.
The insolvency manager could however also report some to light view. Thus the past utilization result lies more highly than at the end of December in the insolvency appraisal estimated. 284,000 mobile telephones were sold still posed and - at a higher price than original expects. BenQ mobile had changed over to Eastern European sales markets. Since in September 2006 altogether mobile phones knew beginning of procedure to the average price of 50 euro sold 1.7 millions and so that a conversion of 85 millions euro are generated. “In the comparison to the original prognosis of the management of 393 millions euro alone for the fourth quarter 2006 is the however very little”, stresses Prager.
The well 3,000 coworkers concerned by the insolvency might the sales offensive have aufgemuntert anyway little. After months-long futile negotiations - altogether the insolvency manager spoke with far about 100 prospective customers - Prager at the end of of February had introduced the process for the utilization of the individual pieces of property. At first it has quite respectable prospective customers given, among them also insolvency-experienced funds. In the end are however only some few prospective customers with concepts remained remaining, their load-carrying capacity were rather questionable. “Fact is: None wanted to buy or could”, says Prager. Now the insolvency manager wants to concentrate to obtain optimal proceeds of sale around which pending demands of the coworkers and suppliers can at least partly satisfy.
The height of the paymentable insolvency mass depends according to Prager besides still on the exit of pending negotiations and court processes. “A concrete prognosis for the height of the ratio is therefore at the current time not possible, is accounted for at the conclusion”, lets Prager in an appropriate sending know. The insolvency manager assumes however the ratio within the two digit range moves. Usual are otherwise ratios between three and five per cent. Open it is about in what respect still successfully requirements opposite the former company nut/mother BenQ Corp. in Taiwan validly to be made, so Prager could.
The insolvency manager could however also report some to light view. Thus the past utilization result lies more highly than at the end of December in the insolvency appraisal estimated. 284,000 mobile telephones were sold still posed and - at a higher price than original expects. BenQ mobile had changed over to Eastern European sales markets. Since in September 2006 altogether mobile phones knew beginning of procedure to the average price of 50 euro sold 1.7 millions and so that a conversion of 85 millions euro are generated. “In the comparison to the original prognosis of the management of 393 millions euro alone for the fourth quarter 2006 is the however very little”, stresses Prager.
The well 3,000 coworkers concerned by the insolvency might the sales offensive have aufgemuntert anyway little. After months-long futile negotiations - altogether the insolvency manager spoke with far about 100 prospective customers - Prager at the end of of February had introduced the process for the utilization of the individual pieces of property. At first it has quite respectable prospective customers given, among them also insolvency-experienced funds. In the end are however only some few prospective customers with concepts remained remaining, their load-carrying capacity were rather questionable. “Fact is: None wanted to buy or could”, says Prager. Now the insolvency manager wants to concentrate to obtain optimal proceeds of sale around which pending demands of the coworkers and suppliers can at least partly satisfy.
Info from modopo.com