UDI Insolvency - Information for investors of the UDI Group
The UDI Group is insolvent - thousands of investors are affected. Lawyer and specialist lawyer for banking and capital market law Dr Greger continues to represent the interests of aggrieved investors in all creditors' committees of insolvent companies. In this way, we ensure that your rights are represented in the best possible way in all relevant proceedings.
Current update on the insolvency proceedings of the UDI Group
There are new, positive developments in the ongoing insolvency proceedings. The insolvency administrator is expected to officially inform investors about this shortly.
We are constantly monitoring the situation and are committed to ensuring that the interests of investors are taken into account at every stage of the process.
Claims for damages against the initiators of the UDI Group
Parallel to the insolvency proceedings, we are Claims for damages against the initiators of the UDI Group. These are developing very favourably for investors:
- Courts of first and second instance (LG and OLG) rule in favour of investors.
- A recent decision by the Federal Court of Justice could have an additional impact on case law, but this cannot yet be conclusively assessed.
- We have already been able to achieve economically sensible settlements for our clients in many proceedings.
The results to date confirm our legal opinion and give us hope that your claims will be successfully enforced.
List of insolvent UDI companies
The following companies of the UDI Group are affected by the insolvency:
- UDI Energie Mix Festzins GmbH & Co. KG
- UDI Energie Festzins III GmbH & Co. KG
- UDI Energie Festzins IV GmbH & Co. KG
- UDI Energie Festzins V GmbH & Co. KG
- UDI Energie Festzins VI GmbH & Co. KG
- UDI Energie Festzins VII GmbH & Co. KG
- UDI Energie Festzins VIII GmbH & Co. KG
- UDI Energie Festzins IX GmbH & Co. KG
- UDI Energie Festzins 10 UG (haftungsbeschränkt) & Co. KG
- UDI Energie Festzins 11 UG (haftungsbeschränkt) & Co. KG
- UDI Energie Festzins 12 UG (haftungsbeschränkt) & Co. KG
- UDI Energie Festzins 13 UG (haftungsbeschränkt) & Co. KG
- UDI Energie Festzins 14 UG (haftungsbeschränkt) & Co. KG
- te Solar Sprint II GmbH & Co. KG
- te Solar Sprint III GmbH & Co. KG
- te Solar Sprint IV GmbH & Co. KG
- UDI Sprint Festzins IV GmbH & Co. KG
- UDI Immo Sprint Festzins I GmbH & Co. KG
- UDI Immo Sprint Festzins II GmbH & Co. KG
What affected investors should do now
If you invest in products from the UDI Group have invested, you should:
- Secure your records and document all payments.
- register your claims in the insolvency proceedings.
- Have claims for damages examined - in particular against initiators and banks involved.
- Consult an experienced specialist lawyer for banking and capital market law.
FAQ
Numerous UDI companies are affected by the insolvency, including UDI Energie Festzins III-XIV, the UDI Sprint fixed-interest series and the te Solar Sprint companies. A complete list of the insolvent UDI companies can be found directly in the article.
Investors can register their claims in the insolvency proceedings and thus assert claims against the UDI Group. In addition, claims for damages against initiators, banks or intermediaries can be examined.
Yes, ongoing lawsuits show positive developments for investors. In several cases, courts have ruled in favour of the injured parties and settlements have been reached.
Absolutely. Registration is necessary in order to be taken into account in the insolvency proceedings. In addition, it is advisable to have further claims for damages examined by a lawyer.
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