Intertainment AG: Local Court (Amtsgericht) commissions lawyer to prepare an expert opinion
Munich, January 19, 2006 - Munich Local Court (Amtsgericht München) resolved on January 18, in the context of opening the ongoing insolvency proceeding of Intertainment AG and Intertainment Licensing GmbH, to commission Munich lawyer Dr. Michael Jaffe to draw up an expert opinion within a period of 5 weeks. The expert opinion is intended to clarify whether the two companies are overindebted and unable to meet their financial obligations, or whether there is a threat of impending insolvency, further to ascertain what prospects there are for continuing the indebted company as a going concern, and whether the assets are sufficient to cover the costs of the insolvency proceedings.
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Contact:
Intertainment AG, Investor Relations
Frauenplatz 7, 80331 Munich, Germany
Telephone: +49 (0)89 21699-0
Fax: +49 (0)89 21699-11
Internet: www.intertainment.de
E-Mail: investor@intertainment.de