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paragon GmbH & Co. KGaA Bösendamm 11 33129 Delbrück, Germany http://www.paragon.ag/
Contact Mr Marc Götte +49 5250 9762161
Company logo of paragon GmbH & Co. KGaA
paragon GmbH & Co. KGaA

paragon restructuring is beginning to take shape

(PresseBox) (Delbrück, )
.
- DIP loan not utilized
- Company has finalized insolvency plan
- Chief financial officer Werner to step down as of January 31

paragon AG is to be continued as a going concern, as previously announced. The local court in Paderborn opened the Company's insolvency proceedings on January 1 this year. Dr. Frank Kebekus, an attorney who runs a law firm in Paderborn, has been appointed as insolvency administrator. The Company plans to file its finalized insolvency plan with the local court in Paderborn over the next few days. A debtorinpossession (DIP) loan that had been extended but not drawn down mxg ftr mfrx lngpkulyb.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.