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German court orders Cleantech Infrastruktur GmbH to pay investor in ThomasLloyd case
The Landgericht Osnabrück has issued a judgment ordering Cleantech Infrastruktur GmbH to pay an investor. The investor, who held several subordinated junior bonds issued by Cleantech Infrastruktur GmbH, was represented by lawyer Siegfried Reulein of the Nürnberg‑based law firm KSR.
The court rejected the company’s claim that it faced liquidity problems or a risk of insolvency that would justify a qualified subordination (Nachrang) exemption. After the contracts were terminated, Cleantech Infrastruktur GmbH withheld both principal repayments and interest, citing the qualified subordination clause. The court found the company had not sufficiently demonstrated the asserted financial distress and required it to make the owed payments.
KSR has previously represented hundreds of investors in lawsuits against the ThomasLloyd group and its intermediaries, securing judgments in favour of those investors. The latest ruling may enable other affected investors to pursue repayment through the courts.
Entities
Cleantech Infrastruktur GmbH · KSR (Kanzlei Siegfried Reulein) · KSR Rechtsanwaltskanzlei · Landgericht Osnabrück · Siegfried Reulein · ThomasLloyd Group
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 4 SOURCES] The court found Cleantech Infrastruktur GmbH had not sufficiently demonstrated liquidity problems or risk of insolvency to justify qualified subordination. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] KSR law firm, representing the investor, has extended the judgment to other affected investors. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] After contract termination, Cleantech Infrastruktur GmbH stopped both principal and interest payments to the investor. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] Landgericht Osnabrück ordered Cleantech Infrastruktur GmbH to pay an investor. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] The investor held several subordinate partial bonds issued by Cleantech Infrastruktur GmbH. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] The Landgericht Osnabrück issued a judgment ordering Cleantech Infrastruktur GmbH to pay an investor. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] The court found that Cleantech Infrastruktur GmbH had not sufficiently demonstrated liquidity problems or insolvency risk to justify qualified subordination. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] After contract termination, Cleantech Infrastruktur GmbH withheld repayment of principal and interest. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] KSR has represented several hundred investors in lawsuits against the ThomasLloyd group and intermediaries. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] The investor held several subordinated junior bonds (nachrangige Teilschuldverschreibungen) with Cleantech Infrastruktur GmbH. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] Cleantech Infrastruktur GmbH cited qualified subordination and potential insolvency as reasons for refusing payment. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de
- [● 4 SOURCES] The investor was represented by lawyer Siegfried Reulein of the law firm KSR in Nürnberg. www.pr-echo.de · www.presse-board.de · www.pr-neuigkeiten.de · schlaunews.de