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26.11.09 

ExNex sells German staple fibers business

Homburger continues to advise certain secured lenders represented by Deutsche Bank acting as agent in connection with a facility granted to Nexis Fibers AG, a company in composition proceedings under Swiss bankruptcy law and recently renamed ExNex AG in Nachlassliquidation.

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Homburger continues to advise certain secured lenders represented by Deutsche Bank acting as agent in connection with a facility granted to Nexis Fibers AG, a company in composition proceedings under Swiss bankruptcy law and recently renamed ExNex AG in Nachlassliquidation. On November 16, 2009, EMS CHEMIE AG acquired the German staple fibers business from ExNex AG in a share deal. In this deal, the Homburger team, protecting the interest of the secured lenders, comprised of partner Ueli Huber (Corporate | Restructuring) and associates Anne Sabine Zoller (Corporate | Restructuring), Simon Lang (Corporate | Restructuring) and Markus Kaiser (IP | IT).

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Restructuring | Insolvency

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