Map Case Media GmbH — business operations transferred upon initiation of insolvency proceedings

Map Case Media GmbH — business operations transferred upon initiation of insolvency proceedings

Eschborn, January 1, 2019

On January 1, 2019, insolvency proceedings were initiated against the assets of Map Case Media GmbH and attorney Dr. Stephan Schlegel was appointed to be insolvency administrator by the Frankfurt am Main Local Court (File No. 810 IN 1332/18). The partner of BRRS Attorneys-at-Law had been acting as provisional insolvency administrator of the innovative startup since December 4, 2018.

The company developed solutions for customer relationship management (CRM) under the brand name MountLytics for hotels at two locations (Leipzig and Eschborn). During the preliminary proceedings, attorney Dr. Schlegel, together with an investor, succeeded in structuring the transferring reorganization of the business operations to Y-Digitize GmbH.

The transfer is subject to the condition precedent of approval by the first creditors’ meeting.

Bild: HerrSpecht / photocase.de

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