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Acument Initiates Insolvency Process for German Operations.

Publication: Wireless News
Publication Date: 12-AUG-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Acument Initiates Insolvency Process for German Operations.(Acument Global Technologies Inc.)(Case overview)

Article Excerpt
Acument Global Technologies, a supplier of mechanical fastening systems, recently announced it advised management to initiate insolvency plan proceedings according to the German Insolvency Code for its business in Germany, Acument (Acument Germany), headquartered in Neuss.

Acument Germany has filed for a self-administered, pre-packaged restructuring plan (similar to a U.S....

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