Lilium Taps KPMG for M&A as German Subsidiaries Enter Insolvency
Lilium Taps KPMG for M&A as German Subsidiaries Enter Insolvency
The court has appointed to the German subsidiaries' Boards of Management with immediate effect two restructuring-experienced lawyers, Prof. Dr. Gerrit Hölzle and Dr. Thorsten Bieg as Chief Insolvency Officers (CIOs). Both have already successfully advised a large number of companies in crisis situations. Most recently, they worked for Senvion and The Social Chain AG, among others. They will now oversee the reorganization of Lilium's German subsidiaries.Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), announces that it has appointed KPMG to conduct an open, transparent and fair M&A process. First investor briefings will start soon.
领先的电动飞机制造商和区域空中交通（RAM）先驱Lilium N.V.（纳斯达克股票代码：LILM）宣布，已任命毕马威会计师事务所进行公开、透明和公平的并购程序。首次投资者简报会即将开始。
This followed the local court of Weilheim's approval of the insolvency filing of Lilium's German subsidiaries and the court's granting of Lilium's application for self-administration.
在此之前，魏尔海姆地方法院批准了Lilium德国子公司的破产申请，并批准了Lilium的自我管理申请。
Preliminary insolvency proceedings under self-administration are court-ordered restructuring proceedings aimed at preserving the business. The management remains in charge and leads the business through the proceedings, supported by restructuring experts.
自我管理下的初步破产程序是法院下令进行的旨在保护企业的重组程序。在重组专家的支持下，管理层继续掌权并领导业务完成所有程序。
The court has appointed to the German subsidiaries' Boards of Management with immediate effect two restructuring-experienced lawyers, Prof. Dr. Gerrit Hölzle and Dr. Thorsten Bieg as Chief Insolvency Officers (CIOs). Both have already successfully advised a large number of companies in crisis situations. Most recently, they worked for Senvion and The Social Chain AG, among others. They will now oversee the reorganization of Lilium's German subsidiaries.
法院已任命两名具有重组经验的律师为德国子公司的管理委员会成员，即Gerrit Hölzle教授和Thorsten Bieg博士为首席破产官（CIO），并立即生效。两者都已经成功地为许多处于危机局势的公司提供了咨询。最近，他们在Senvion和The Social Chain AG等公司工作。他们现在将监督Lilium德国子公司的重组。
The Local Court of Weilheim has also appointed attorney Mr. Ivo-Meinert Willrodt, Managing Partner at PLUTA Rechtsanwalts GmbH, as the provisional custodian. The restructuring expert is an attorney and specialist lawyer for insolvency and restructuring law and has already acted as trustee for the solar car start-up Sono Motors and the drone manufacturer EMT, among others. His role is to protect the interests of the creditors in the proceedings.
魏尔海姆地方法院还任命了PLUTA Rechtsanwalts GmbH管理合伙人Ivo-Meinert Willrodt律师为临时托管人。重组专家是破产和重组法的律师和专业律师，已经担任过太阳能汽车初创公司Sono Motors和无人机制造商eMT等公司的受托人。他的职责是在程序中保护债权人的利益。
