Following the Liquidation Decision of the Bankruptcy Court of Zug - What do Envion ICO and EVN Tokenholder investors need to do to have their claims recognised in the liquidation process?

The Swiss court in Zug, the Handelsblatt, Trado GmbH, Bloomberg and a shareholder of Envion AG have now confirmed that the bankruptcy court of Zug decided to liquidate Envion AG on 14 November 2018.

As already reported, the reason for initiating liquidation was that Envion AG did not appoint an auditor within the time limit set by the court. Envion AG therefore suffers from a so-called "lack of organs" which, according to Swiss law, leads to the liquidation of the company in the absence of remedy.

Filed under:
Switzerland, Insolvency & Restructuring, CLLB Rechtsanwälte, Liquidation, Virtual currency
Location:
Switzerland
Firm:
CLLB Rechtsanwälte