Was the bankruptcy system manufacturers Herhof a fraudulent bankruptcy? Why Trockenstabilatanlagen
burn out?
research as of November 2006
summarize in detail, suggest that the insolvency of the Middle Hesse Herhof Environmental systems manufacturer in 2005 was not received with the right things. The suspicion of a well-prepared fraudulent Bankruptcy suggests itself.
Herhof-Umwelttechnik GmbH was the operational part of the Herhof group for the construction of composting plants and MBT (mechanical-biological waste treatment). 2003 Environmental Herhof ran into financial difficulties and was bought in October 2003 by the Irish real estate and private equity group Treasury Holdings.
http://www.baikum.de/portal/news_detail, 558,753,31841, detail.html
http://www.treasuryholdings.com/newsDetail.aspx?id=20
The number of employees was about 180 , only 150, according to Treasury The order number is expressed with more than 175 million €. The order book was described in the adoption as full. Treasury Total assets under management are estimated at 1.3 billion euros.
were Incorporated Herhof Umwelttechnik GmbH and Herhof Holding AG. The purchase price the parties had agreed Herhof loud silence. According to the Irish newspaper The Post and other sources amounted to € 20 million of the purchase price.
http://archives.tcm.ie/businesspost/2006/07/09/story15613.asp
According to the Treasury Herhof Environmental daughter he was about 20 million €.
Treasury was before the takeover Herhof licensing partner for Ireland and the UK (MBA Trockenstabilatverfahren), but without orders. Treasury established for job acquisition Herhof Environmental, with a double head office in Dublin and London.
www.herhofenvironmental.com
www.herhof.com
Treasury designed the Herhof acquired companies so that money and consuming valuable areas were separated. Various patents, land and premises at headquarters Solms-Niederbiel were received in the Herhof management company. Herhof Environmental was in deficit on paper, because MBA sites in Trier, Osnabruck, Geel and North East Hesse were operated. Additional plants were already commissioned or ready to be signed. In January 2005, Treasury reported to the insolvency of environmental technology and Herhof Herhof Holding. The Hessische Rundfunk, called the business practices as a dubious and nebulous.
http://www.hr-online.de/website/fernsehen/sendungen/hessen_aktuell3048.jsp?key=standard_document_4069358&rubrik=3058&seite=1
http://www.kreisanzeiger-online.de/neu/start.php?id=80
http://www.fuldaerzeitung.de/sixcms/detail.php?id=99938
http:// www.ag-wetzlar.justiz.hessen.de
to insolvency lawyer Bernd Ache was appointed by the Wetzlar Unützer firm, Wagner, Werding. Unsecured, whether lawyer Dr. Klaus Werding board member of the Herhof Holding (is) was.
http://www.kanzlei-unuetzer.de/content/anwaelte/wetzlar/bernd_ache.php?section=3&subsection=1
http://www.kanzlei-unuetzer.de/content/anwaelte/wetzlar/faz/ bernd_ache.php? section = 3 & subsection = 1
http://www.kanzlei-unuetzer.de/content/anwaelte/wetzlar/klaus_werding.php?section=3&subsection=1
Ache negotiated during the interim insolvency claims to multiple investors.
http://www.kreisanzeiger-online.de/neu/start.php?id=81
In March 2005, was opened by the District Court of Wetzlar's suspension of environmental technology and Herhof Herhof Holding. The formal business loss of about 140 people were sunk.
http://www.rws-verlag.de/indat/2005/verw/deckerbl.htm
http://www.rws-verlag.de/indat/2005/verw/achebd.htm Since then there is about 400 creditors with claims of several hundred million euros. Main victims are the local clients of Herhof. Your garbage disposal is broken due to construction work in some cases still a problem. In addition, many are small-and medium-sized hit crafts and contractors and suppliers of machinery and technical equipment. Treasury Holdings has signed up as a creditor and asks about 100 million euros from the insolvency estate. Treasury has its liabilities by Herhof Environmental and Herhof Holding rid succeed and move more. Treasury is also owner of Herhof Environmental, Herhof management company (patents, registered office, building in Solms) and 48% of MBT-waste plant Rennerod Westerwaldkreis.
http://www.mbs-anlage.de/cms/front_content.php
was in July 2005 announced a new Herhof GmbH at the old headquarters, it was founded by a Greek conglomerate Elliniki Technodomiki Helector with his daughter and have taken over patents and production. It was the result of negotiations with the liquidator, banks, former Irish shareholders of insolvent Herhof Herhof Environmental Engineering and former clients.
www.herhof.de
As CEO Michael Koch and operate Elliniki Board Leonidas Bobolas. Koch was previously managing director of Herhof Environmental Engineering. Should there be an investigation, he would be likely an essential link of business enterprises and as a knowledgeable witness. Bobolas is co-owner of Elliniki. Elliniki is a former Greek licensing and distribution partner of Herhof environmental technology, but as Treasury / Environmental Herhof without contracting. As marketing manager of the new company acts Herhof Roland hen. Hühn to August 2003 was district administrator in the district Hersfeld-Rotenburg (Hessen Nord), then adviser to Herhof Environmental Engineering. Since September 2006, Kassel office is investigating him.
http://www.osthessen-news.de/beitrag_A.php?id=1121081
http://www.fwg-wmk.de/page/forum/21.htm
www.herhof.de
was already in 2005 alleging that an undercover
connection between Treasury and Helector.
"There were between the Greek bidder and the company treasury, which had not met until now, their equipment commitment, relationships, so to speak, a passive stake in Herhof service company. appearing as acting directors of companies are the same name. "Herhof the environmental customer Osnabrück said in July 2005 (page 6).
http://72.14.221.104/search?q=cache:tDN45d1H0YQJ:www.lkos.de/lkos/data/politik/doc/6F494120F3FCE076C125704B0023B1C8gqg27500.pdf+ 22treasury +% 22 +% holdings Herhof + surcharge & hl = en & gl = de & ; ct = clnk & cd = 1
http://www.lkos.de/lkos/data/politik/doc/6F494120F3FCE076C125704B0023B1C8gqg27500.pdf
is clearer in this report:
http://www.spd-ahrweiler.de/faq/xml/artikel.1240.xml
http://www.spd-ahrweiler.de/faq/index.php?sid = 884 & action = article & category = 001 & id = 1240 \u0026lt;= en
The previously mentioned companies appear to be interwoven consortium, which has locked out the creditors of Herhof environmental care.
Note 1
is HELECTOR Herhof GmbH tenants of the old factory building in environmental engineering from Herhof Sollms, is owned by Treasury.
Note 2
Helector, Herhof GmbH, Environmental and Herhof are linked together:
www.herhof.de
www.herhof.com
http://www.herhofenvironmental.com
http://www.helector.gr/en/article.php?id=14
Note 3
Herhof Environmental linked to its Internet presence in both to the new Herhof GmbH and at Treasury Holdings.
http://www.herhofenvironmental.com/site/links.asp
Note 4
Herhof Environmental and Treasury Holdings are in the same building and have the same telephone exchange line. Environmental has an extension of Treasury.
http://www.herhofenvironmental.com
http://www.treasuryholdings.com/contactus.aspx
Companies are obviously even after more than a year since the last transaction would not bother, at least on the surface to appear as separate formations. Negligence? Arrogance towards the German legal system?
The private equity firm Treasury Holdings in 2005 was not surprised by the sudden lack of money the two companies Herhof. Treasury was advised at the 2003 acquisition of the international law firm Allen & Overy. This has 4,900 employees.
http://www.allenovery.com
eight lawyers Herhof reviewed internally for months and discussed in detail Treasury. Press release 13.10.2003 to contact with two of the advisers:
http://72.14.221.104/search?q=cache:lKkdRvZ19E8J:www.rws-verlag.de/soziet/allen.htm+Overy+Treasury+Herhof&hl = en & gl = de & ct = clnk & cd = 2
Treasury was already at Herhof Department announced that the plant will be commissioned MBA require high investment, and that this could not be of the Herhof company earns its own short-term. Otherwise Herhof had also sought a buyer. It was known that the plants could only be completed with funds from the Treasury. End of 2004, Treasury's payments and led to a surprisingly early 2005 brought about the insolvency of environmental technology and Herhof Herhof Holding. At the same time went up a billion Treasury's involvement in Shanghai. As Treasury
a successful private equity firms and those companies do not stumble into an investment without thinking is to assume that an intention Herhof plunder was not created until after the purchase, but before. This is supported by the short period of engagement, which is typical for corporate raider and the careful preparation of insolvency by shelling out valuable components, which are now recovered unharmed. There is the obvious suspicion of fraudulent bankruptcy. So far there is no evidence that neighboring prosecutors also have that impression.
http://www.sta-giessen.justiz.hessen.de/internet/sta-giessen.nsf/Frame/N24XTGW2889RLIGDE
http://www.sta-limburg.justiz.hessen.de/internet/sta- limburg.nsf/Frame/N24XTGW2889RLIGDE
http://www.gsta-frankfurt.justiz.hessen.de/internet/gsta-frankfurt.nsf/Frame/N24XTGW2889RLIGDE
As a result of insolvency Herhof many have local partners pay high disposal fees for temporary solutions. Most feel powerless against the activities of foreign investors. Only one municipal company does not want to leave the matter at that. The Saxon operating company "landfill Schneidenbach" Ltd. sued Treasury in Dublin for more than 10 million euros in damages for non-delivery of ordered Herhof MBT plant.
http://archives.tcm.ie/businesspost/2006/07/09/story15613.asp
http://www.indymedia.ie/article/76747
http://www.courts.ie/80256FFF005DDD92 / 0/B4801EE84A72B31F80257229003D1557? Open & Highlight = 0, cut bach
http://www.courts.ie/catalogCourt.nsf/SearchResultsCourt?SearchDomain&query=schneidenbach&start=1&count=50&1163796365289
She is represented by Duncan Grehan & Partners.
http://www.duncangrehan.com/gindex.htm
http://www.duncangrehan.com/pages/german/gcompanynews.html
is striking that two times in a row foreign, non-industry and wealthy Herhof distributor with 1.2 to 1.5 billion euro capital behind them engaged, who had previously failed in the distribution of Herhof plants. During the 14 months that Treasury was the owner, was not a single plant completed, not even the Trockenstabilatwerk Osnabrück.
Since Helector formal owners (about 19 months), a single plant was completed, the MBA Osnabrück. Before the bankruptcy, she was already 95% complete. It was completed by the new Herhof GmbH in May 2006 and inaugurated in August 2006 and is partially burned.
http://www.neue-oz.de/etc/_search/search.php?SID=82325f0866d6528c68cee54f3a26ca92&q=herhof+Brand&m=all&ps=10&x=0&y=0
http://www. os-sonntagszeitung.de
("Bonfire of the Herhof recycling plant, Issue 6 August 2006, page 7, not available online, on request the publisher)
Lower Saxony Environment Minister Sander reported in August 2006 that the plant in Osnabrück (have already) often stood still and was therefore made illegal waste from Osnabrück to Lithuania.
http://www.haz.de/niedersachsen/289969.html
It is unusual for an engineering company, after he has completed a major contract to 95%, suddenly goes into bankruptcy. During construction of the MBA Osnabrück was this done in January 2005. Treasury here has pulled the emergency brake in order not liable for the foreseeable future technical deficiencies have to do? What was the real cause of the fire in August 2006? Were caused by the fire prior deficiencies of the system (multiple Stop) no more comprehensible?
HELECTOR Elliniki Technodomiki parent company is a publicly traded construction company in Athens with activities in property development, its share price since 10 years is extremely flat runs. Only in 1999 it rose briefly to six times the value. The market value is currently about 1.5 billion euros.
http://www.etae.com/cat.asp?catid=1150
http://www.umweltruf.de/ticker/news_druck.php3?nummer=9160
tolerate shareholders of such companies usually moderate to low successful divisions not over a longer period of time. Insofar as the shareholders in spite of full-bodied Announcements little patience with the course of business in Germany Helector muster. Is unknown, the duration of the reprieve. A sale of the new Herhof GmbH is increasingly likely.
Hermann Hofmann, founder of medium-sized family business Herhof was still in May 2002, chosen for its innovative technology contribution to the German waste management with the Federal Cross of Merit.
http://www.deponie-stief.de/spezielles/persoenliches.htm # Herhof
fame sometimes goes by quickly when companies and corporations Raider weather have taken. Cause of the imbalance of Herhof Environmental was the complete takeover of the utility and Herhof Financial Partners EAM in Kassel by E.ON.
http://fwg-wmk.de/page/artikel/2003/0503.htm # Anchor-From-49 575
http://72.14.221.104/search?q=cache:fZIYWPrWgAcJ:www.stromverschwender.de/ RU / eon EAM.html + + + Herhof eam & hl = en & gl = de & ct = clnk & cd = 6
pages 28, 29
http://72.14.221.104/search?q=cache:JvtIeEjGPyEJ:www.eam. de/admin/userimages/File/unternehmen/zahlen/eam_geschaeftsbericht_2004.pdf eon + + + Herhof eam & hl = en & gl = de & ct = clnk & cd = 10
Hoffmann, however, has a bit of luck. It has under the sale of Treasury Herhof remaining old Trockenstabilatanlage, the MBA Aßlar in 1997, seems to be obsolete. According to a report of the HNA - Hesse, Lower Saxony General of 14 October 2006 are on the adjacent landfill Aßlar 120 000 tonnes of stockpiled stabilate (www.hna.de, items do not tend to ransom "for subscribers only access). According to estimates by industry insiders are in the ball bearings are far more than 120,000 tonnes. These dumps typically arise when the stabilate is heavily contaminated and is rejected by customers of the secondary fuel. It is not known whether they were made for the disposal of the stockpile a Ausfallbürgschft the Lahn-Dill-Kreis.
On 12 November 2006 was the old system in a Aßlar Major fire completely. In two halls for the conveyor belts were burning RDF. 133 emergency personnel were involved in firefighting.
http://www.feuerwache2-wetzlar.de/einsaetze/2006/533069987a12deb01.php # 533069987a12df902
http://www.giessener-anzeiger.de/sixcms/detail.php?template_id=2917&id=2425653&_zeitungstitel = 1133842 = 1103641 & _resort be
for the waste of about half a million people have now searched for a solution.
http://www.aewld.de/page.php?page=/ldk/deponien/deponie.html&navid=9
between the fires of the MBA in Osnabrück and Aßlar there are parallels. Both fires occurred on a weekend (Saturday and Sunday). Before the two fires there were technical problems with the equipment, which led to traffic jams waste. The first question asked, "Why burn Trockenstabilatanlagen from?" suggests that the answer is known. This is unfortunately not the case. You should, however, are in the detailed reports of the fire inspectors and insurance investigators that are (still) kept secret.
Aßlar The MBA has burned several times, insiders speak of four or more fires. The plant is grown for fire insurance to a significant risk. The insurance is therefore an excess of one million € have passed through the owner, we heard from among the non-life insurers.
This situation complicates the plans of the entrepreneur Hofmann, build with Buderus Wetzlar near the center of a large power station for alternative fuels. Each year there are over 300,000 tons of RDF can be used.
http://www.giessener-anzeiger.de/sixcms/detail.php?id=2440297&template=d_artikel_import&_adtag=business&_zeitungstitel=1133842&_dpa=wirtschaft
The procurement of such a large annual volume should now be a problem. In theory, could be reduced Stabilathalde Aßlar on the site. Even after short time they would be used up. However, this Stabilat of unknown, probably poor quality. In addition, the stockpile would have to be watched carefully around the Clock. Nationwide experience shows that overhangs are exposed to the temporarily stored waste a particularly high fire risk.
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The content of this research is almost entirely comprehensible through links to Internet publications and information on publicly available sources. Their reliability may please the readers judge for themselves. The Internet is a dynamic library. Some sites disappear after a while. The reader may excuse the fact that use is made also to locations with very long addresses, where deleted content is still available. Content without any information coming from the waste industry insiders who do not wish to be named.
All content may be distributed with the names of the source without our prior consent.
The authors accept any relevant information to the above topic.
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Objectively written letters are checked for logic and expertise and may be published. This happens in part may, on request without mention of the sender.
As of December we turn to other pressing issues of waste management.
is the concern of the authors, to investigate dubious transactions contribute to the cause of the German economy devastated. The author
collective waste-criticism
Berlin, November 2006
