Dietmar Penzlin: The vote was a victory for the insolvency administrator Dietmar Penzlin, who had said Prokon files have revealed evidence of fraud, according to Deutsche Welle. Both had jockeyed for investor support ahead of the vote and During what was heralded as one of the biggest creditor assemblies in German business history, thousands of people expressed their support to sell off some of Prokon assets in order to settle 391 million euros $542 million in outstanding investor claims. The vote pitted Penzlin against Prokon ex-CEO, Carsten Rodbertus, who was looking to regain control of the company he founded before Penzlin fired him once the company went bust.
(news.financializer.com). As
reported in the news.
Tagged under investor support, Prokon topics.