Noerr controls the successful sale of Wirecard North America

23.10.2020 Noerr has worked with one of Dr. Florian Becker (Munich) and Dr. Sascha Leske (New York) led the insolvency administrator of Wirecard AG, lawyer Dr. Michael Jaffé from of the Law firm JAFFÉ Rechtsanwälte Insolvency Administrator, advised on the successful sale of Wirecard North America Inc. to the financial holding company Syncapay Inc. In … Read more

The deadline for registering claims against Wirecard has expired

Time is of the essence for damaged Wirecard investors. In Germany, the deadline for filing claims in insolvency proceedings is October 26th. Those who still want to register claims afterwards can do so, “but have to pay a late surcharge,” explains Oliver Jaindl from Cobin Claims, the platform for collection campaigns.

Fraud allegations against MDax group Grenke: The new target of the Wirecard hunter

Wirecard hunter Fraser Perring is back. The British investor caused a stir in Germany for the first time in 2016 when he accused the now collapsed financial group of fraud, money laundering and falsification of accounts – and at the same time speculated on falling prices. Wirecard, at that time still a darling of the … Read more

Börse Express – ROUNDUP / Scholz: Quickly learn lessons from the Wirecard scandal

Federal Finance Minister Olaf Scholz urges speed with the restructuring of supervision according to Wirecard -Balance scandal. “We now have to be concrete and practical,” said the SPD politician on Thursday at the “Handelsblatt” banking conference in Frankfurt. “I believe it is imperative that we, for example, speed up the rotation of auditors who work … Read more

Press comment: ‘Märkische Oderzeitung’ on the Bafin / Wirecard scandal | 09/03/20

FRANKFURT / OR (dpa-AFX) – “Märkische Oderzeitung” on the Bafin / Wirecard scandal: “A major reason for the billion-dollar bankruptcy of Wirecard was that no one felt responsible for supervision. Not even and especially not the Bafin. Did a few gamblers among the employees help out because that was good for their speculations? Suspicion is … Read more

Wirecard lays off more than half of the employees who remained in Germany

WIRECARD LICENSES MORE THAN HALF OF EMPLOYEES REMAINING IN GERMANY FRANKFURT (Reuters) – The now bankrupt German electronic payments company Wirecard has laid off more than half of its employees in Germany and terminated the contracts of members of its management board, announced its receiver. These measures come as Wirecard’s bankruptcy proceedings, at the center … Read more

Wirecard insolvency administrator is making headway with breaking up

Wirecard’s first subsidiary in Brazil was sold in favor of a creditor. The UK business is about to be taken over by a competitor. In any case, the shareholders go away empty-handed. Aschheim / Munich. Wirecard insolvency administrator Michael Jaffe is making first progress in breaking up the German payment processor, which collapsed in an … Read more

Delivery Hero replaces Wirecard in the DAX

The financial service provider Wirecard leaves the German share index (DAX) on August 24 after the billions in the balance sheet scandal. The successor to this is the Delivery Hero food delivery service, as Deutsche Börse announced yesterday evening. Wirecard filed for bankruptcy at the end of June. Previously, the company had to admit that … Read more

Companies: Deutsche Börse changes its rules to exclude Wirecard from DAX 30

Updated 08/12/2020 at 7:43 PM The operator of the German stock exchange Deutsche Börse announced a change in its rules to allow the rapid expulsion of the Wirecard firm from the DAX 30, its benchmark index, after the bankruptcy of this payment services company. Under these new rules, “insolvent companies must be removed from the … Read more

BKA is publicly looking for a former Wirecard board member

Now the Federal Criminal Police Office is looking for the former Wirecard sales director, Jan Marsalek. Image: dpa The Federal Criminal Police Office is asking the population to help them find the former Wirecard sales director: Marsalek is said to be abroad, but previous investigations have remained unsuccessful. Im the billions scandal at the Dax … Read more