Edition:
United States

Latest Key Developments (Source: Significant Developments)

DF Deutsche Forfait: termination of the insolvency proceedings
Friday, 1 Jul 2016 11:16am EDT 

DF Deutsche Forfait AG : Termination of the insolvency proceedings . Cologne local court decided to formally terminate insolvency proceedings against df deutsche forfait effective July 1, 2016. .Court's decision has cleared way for near-term execution of capital increase against contribution in kind and cash capital increase with a combined volume of 11.2 million euros ($12.49 million)as set out in insolvency plan.  Full Article

DF Deutsche Forfait: cash capital increase of EUR 7.5 mln subscribed
Wednesday, 29 Jun 2016 01:58am EDT 

DF Deutsche Forfait AG : Said on Tuesday cash capital increase in the amount of 7.5 million euros ($8.29 million) subscribed . In accordance with the court-confirmed insolvency plan for DF Deutsche Forfait AG, cash capital increase in amount of 7,500,000.00 euros has been subscribed by London-based investor Shahab Manzouri . Jürgen Honert has announced his resignation from the company's Supervisory Board after the conclusion of the company's Annual General Meeting on July 6, 2016 . His resignation is conditional on the cash capital increase having become effective by this point in time .Two new members will stand for election to the Supervisory Board at the Annual General Meeting, which will give the Supervisory Board a quorum and a sufficient number of four members.  Full Article

DF Deutsche Forfait: cash capital increase of EUR 7.5 mln subscribed
Tuesday, 28 Jun 2016 01:12pm EDT 

DF Deutsche Forfait AG : Said on Tuesday cash capital increase in the amount of 7.5 million euros ($8.29 million) subscribed . In accordance with the court-confirmed insolvency plan for DF Deutsche Forfait AG, cash capital increase in amount of 7,500,000.00 euros has been subscribed by London-based investor Shahab Manzouri . Jürgen Honert has announced his resignation from the company's Supervisory Board after the conclusion of the company's Annual General Meeting on July 6, 2016 . His resignation is conditional on the cash capital increase having become effective by this point in time .Two new members will stand for election to the Supervisory Board at the Annual General Meeting, which will give the Supervisory Board a quorum and a sufficient number of four members.  Full Article

DF Deutsche Forfait says supervisory board chairman resigns
Monday, 27 Jun 2016 10:47am EDT 

DF Deutsche Forfait AG : Supervisory board chairman resigns from office . Hans-Detlef Bösel, chairman of supervisory board of DF Deutsche Forfait AG, resigned from office for personal reasons with immediate effect from June 26, 2016 .A new chairman will be elected after Annual General Meeting on July 6, 2016.  Full Article

DF Deutsche Forfait Q1 consolidated net loss widens to EUR 4.3 mln
Tuesday, 31 May 2016 11:45am EDT 

DF Deutsche Forfait AG : Q1 business volume amounted to 3.4 million euros ($3.78 million) (previous year: 25.2 million euros) .Consolidated net result of -4.3 million euros for Q1 of 2016 (previous year: -1.9 million euros).  Full Article

DF Deutsche Forfait posts consolidated loss of 27 mln euros for 2015
Monday, 30 May 2016 11:45am EDT 

Df Deutsche Forfait Ag : Group posted a consolidated result of -27 million euros ($-30.06 million) for 2015 financial year (previous year: -15.5 million euros) . Group's FY gross result before financial results amounted to approx. -14.3 million euros (previous year: 0.6 million euros) .Group's business volume increased by 68 pct to 50.9 million euros in 2015.  Full Article

DF Deutsche Forfait announces capital decrease and partial debt waiver
Monday, 30 May 2016 05:06am EDT 

DF Deutsche Forfait AG : Capital decrease and partial debt waiver according to insolvency plan effective . Share capital decreased to 680,000 euros ($757,112.00) .Partial debt waiver of Creditor Group 1 according to insolvency plan valid in amount of 61.96 pct of their claims.  Full Article

Deutsche Forfait: approval of insolvency plan becomes final
Tuesday, 24 May 2016 06:15am EDT 

DF Deutsche Forfait AG :Approval of insolvency plan becomes final.  Full Article

DF Deutsche Forfait says meeting of creditors successfully held
Thursday, 25 Feb 2016 02:42pm EST 

DF Deutsche Forfait AG:Says meeting of creditors successfully held.Key data of insolvency plan provide for co to be continued while retaining the stock exchange listing.Insolvency plan also provides for partial waiver of debts, a capital decrease and subsequent cash capital increase.Creditors' waiver of debt is intended to amount to 61 percent in a first step.  Full Article

BRIEF-DF Deutsche Forfait H1 consolidated net loss EUR 1.2 mln

* H1 CONSOLIDATED GROSS RESULT AMOUNTED TO APPROX. EUR 1.0 MILLION IN REPORTING PERIOD (H1 2016: EUR -2.0 MILLION)

No consensus analysis data available.