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Hospital saved

The debtor-in-possession proceedings for the Osterhofen Specialist Clinic in the South of Germany with a workforce of almost 100 employees have been successfully completed. Mr. Stephan Ammann from PLUTA Rechtsanwalts GmbH acted as the insolvency monitor in these proceedings. Mr. Ammann and Mr. Ivo-Meinert Willrodt supported the successful restructuring and monitored the proceedings so as to prevent any disadvantages for the creditors. The clinic took advantage of this opportunity and, despite the crisis, even managed to set up a new department through targeted investment. A visible proof of success: the number of beds authorised by the Bavarian hospital plan and also the number of employees increased during the proceedings.