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Yea, Motif IPO which they hold 30% of, valued at £30mil plus, also compo for 20 patent infringments...check out riddlers summaries over there, makes good reading
The pending court hearings arent considered to be good or bad, the outcome will determine that! If Hightex Gmbh go bust then its not good for the group, i dont know what would happen but there are about 6 different companies under the HTIG group umbrella so its not necessarily end of the road for us if they did...obviously it would not be good news however
Had a better translation mas...
The application for insolvency was made on 18.11.2014. The insolvency proceedings started on 15.12.2014. The next hearing is on Friday, 27.02.2015 at 9.30 am. The creditors are asked to write to the court with their claims by 22.01.2015. The defendant can dispute these claims (in writing) by 19.02.2015. If undisputed, the court will assume that the defendant accepts the claims.