Eyemaxx insolvency claim recognized: Financial expert analyzes quota payments and legal concerns

Eyemaxx insolvency claim recognized: Financial expert analyzes quota payments and legal concerns

According to a report by www.bondguide.de The insolvency claim of Eyemaxx Real Estate was recognized in the insolvency proceedings regarding the assets of Eyemaxx International Holding & Consulting GmbH. The registered insolvency claim of EUR 36.92 million was recognized in full. However, it is still unclear when and to what extent quota payments from the insolvency proceedings will flow to the assets of E. International Holding & Consulting GmbH.

Furthermore, there are legal concerns regarding the possible invalidity of the bond collateralization of the bond DE000 A289PZ 4 (“secured bond 2020/25”) as well as regarding the property law effectiveness of the liens on superaedificates that are owned by companies in the Eyemaxx Group. A legal opinion should provide clarity on this by the end of February 2024. This issue has potentially far-reaching implications for the market and investors.

The recognition of the insolvency claim means that creditors have a better chance of receiving partial repayment of their claims. On the other hand, legal concerns regarding bond collateralization and liens could create uncertainty among investors, which in turn could impact the market value of the bond.

Overall, these developments could lead to a weakening of confidence in Eyemaxx Real Estate and its financial instruments, which could have long-term effects on the industry and investment behavior. Investors and market observers should therefore monitor the situation closely.