by Martin Arendts, German Attorney-at-law
The Regional Court of Munich (Landgericht München I) declined to increase the compensation offered to minority shareholders of Hypo Real Estate AG (HRE) by the Financial Market Stabilisation Fund (Sonderfonds Finanzmarktstabilisierung (SoFFin)) as part of the squeeze-out procedure conducted in 2009.
A record number of 272 former shareholders have applied to review the compensation through the special legal procedure (“Spruchverfahren”).
Several applicants now filed an appeal against the decision of the Regional Court of Munich. The appeal will be heard by the Higher Regional Court of Munich (Oberlandesgericht München).
Landgericht München I, decision of 21 June 2013, File no. 5HK O 19183/09
http://spruchverfahren.blogspot.de/2013/08/finanzmarktrechtlicher-squeeze-out-bei.html
The Regional Court of Munich (Landgericht München I) declined to increase the compensation offered to minority shareholders of Hypo Real Estate AG (HRE) by the Financial Market Stabilisation Fund (Sonderfonds Finanzmarktstabilisierung (SoFFin)) as part of the squeeze-out procedure conducted in 2009.
A record number of 272 former shareholders have applied to review the compensation through the special legal procedure (“Spruchverfahren”).
Several applicants now filed an appeal against the decision of the Regional Court of Munich. The appeal will be heard by the Higher Regional Court of Munich (Oberlandesgericht München).
Landgericht München I, decision of 21 June 2013, File no. 5HK O 19183/09
http://spruchverfahren.blogspot.de/2013/08/finanzmarktrechtlicher-squeeze-out-bei.html
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