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REMOS

 
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Roger Lee



Joined: 10 Jan 2006
Posts: 1464
Location: Tucson, Az.

PostPosted: Tue Dec 08, 2009 7:05 pm    Post subject: REMOS Reply with quote

Looks like Remos might be going under. They filed bankruptcy in Germany Nov, 30th. They may or may not be able to pull out of this.
https://www.insolvenzbekanntmachungen.de/

Here's the Google (rough) Translastion-

Business Phone: 1508 IN 4024/09
(Please specify) always
Munich, 30.11.2009


Decision
In the proceedings on his own request to open the
Insolvency of the

***** Aircraft GmbH Flugzeugbau, Ottostr. 4, 80333 Munich
legally represented by
Managing Corvin Huber, Munich
CEO Dr. Michael Meirer, Munich

- Debtor --
The district court Munich is paint. § 3, paragraph 1, sentence 2 InsO
jurisdiction because, as a center of economic
View activity is the place where the entrepreneurial
Leading cases are taken. The debtor has indeed
its registered office in Pasewalk, where the
Production takes place. The economic focus is
However, in Munich.
The business decisions are solely in
Munich made.

1. To secure the debtor's assets from adverse Ver -
Changes will be in accordance with § 21 para 1 p.m. to 2 a.m. on Insolvency 30.11.2009
at 14:00 clock

provisional insolvency administration

arranged.

Back to the provisional liquidator is appointed:

Lawyer Axel W. Bierbach, Schwanthalerstr. 32, 80336
Munich, Germany Telephone: 54511-0, Fax: 54511-444

2. It is in accordance with § 21 para 1, 2, No. 2 InsO

, ordered that disposals by the debtor only with the agreement
Mung the provisional liquidator, are effective.


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Roger Lee
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Light Sport Repairman
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lucien



Joined: 03 Jun 2007
Posts: 721
Location: santa fe, NM

PostPosted: Wed Dec 09, 2009 5:25 am    Post subject: Re: REMOS Reply with quote

Roger Lee wrote:
Looks like Remos might be going under. They filed bankruptcy in Germany Nov, 30th. They may or may not be able to pull out of this.
https://www.insolvenzbekanntmachungen.de/


Er, I'm kind of wondering how any of the SLSA manufacturers are staying in business.. Wink.

Maybe they're affordable in Europe? Sorry, can't resist the snide comment Wink

LS


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Roger Lee



Joined: 10 Jan 2006
Posts: 1464
Location: Tucson, Az.

PostPosted: Thu Dec 10, 2009 5:53 am    Post subject: Re: REMOS Reply with quote

more info


***** Aircraft, which has been aggressively marketing Light Sport aircraft in the U.S. of late, will issue a statement later today concerning restructuring of its German manufacturing business. The company filed a notice of insolvency (definition - PDF) with German authorities 10 days ago but that's not as dire as it sounds according to Ken Weaver, executive vice president of marketing and communications for the three companies that make up the ***** group. In fact, he said, it's the foundation for the development for new programs that will be announced in 2010. "This is not a bankruptcy," he said. "It is a procedural option that is open to us under German commercial law that will allow us to launch these programs in 2010." Legal considerations prevented him from providing more detail in time for AVweb's publishing deadline.

Weaver said the move allows ***** to make changes to its corporate structure necessary to carry out its future plans. He said there is no equivalent in U.S. commercial law so the action has been misinterpreted as a collapse of the company. Weaver said that, in fact, the restructuring will lead to even greater accessibility to its products in the future as part of a resurgence of interest in general aviation. AOPA chose a ***** light sport aircraft as its sweepstakes prize for the coming year.


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Roger Lee
Tucson, Az.
Rotax Instructor & Rotax IRC
Light Sport Repairman
Home 520-574-1080 TRY HOME FIRST
Cell 520-349-7056
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