June 29, 2020 / 12:33 PM / 12 days ago

Munich court appoints Wirecard insolvency manager

FRANKFURT, June 29 (Reuters) - A Munich court on Monday said that it had appointed Michael Jaffe to manage the insolvency of Wirecard.

The German payments company filed for insolvency last week, saying its survival as a going concern was “not assured”. (Reporting by Hans Seidensteucker; writing by Tom Sims; editing by Thomas Seythal)

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