Private Clients
Private Clients
13.3.2024
10:00

Helma is bankrupt: What now?

Helma Eigenheimbau AG, based in Lehrte, has filed for insolvency with the Gifhorn District Court. Are you affected by your property? We offer legal advice.

The news of the insolvency filing by Helma Eigenheimbau AG, a well-known construction service provider based in Lehrte, has caused a stir and uncertainty. For a company that had positioned itself as a leading German construction service provider, the insolvency filing raises many questions. In particular, those who are in the process of realizing their dream home or holiday property are uncertain. We shed light on the current situation and offer recommendations for action for those affected.

The current situation

Helma Eigenheimbau AG, as well as the two subsidiaries Helma Wohnungsbau GmbH and Helma Ferienimmobilien GmbH, filed for insolvency with the Gifhorn District Court. This development marks a significant turning point for the company, which until recently was regarded as a solid partner in home construction. The bankruptcy filing follows after a year in which there were hopes of a financial restructuring, which ultimately could not be realized.

For many people, the key is: What is the next step with ongoing projects?

payments: The insolvency filing raises the question of whether and to what extent payments must continue to be made. A detailed review of the current contract situation is essential here.

Construction progress: Whether it's a private home or a holiday home — who will complete the construction projects that have already begun? This depends largely on the decisions of the insolvency administrator and potential new investors.

Protection: It is essential to know how they are protected in the current situation — this decisively determines the next steps.

Recommendations for action

Stay calm: Even if the news is unsettling, it is important to react calmly. Insolvency proceedings have not yet been opened and restructuring talks are ongoing with potential investors.

Seek legal advice: In this uncertain phase, it is advisable to seek legal advice to protect your rights and claims.

On insolvency law

In Germany, insolvency law offers companies the opportunity to restructure themselves under court supervision. In this way, a complete business collapse can be avoided in the best case scenario. The process aims to achieve the best possible satisfaction for creditors, while at the same time examining whether and how the company can continue.

conclusion

The insolvency of Helma Eigenheimbau AG affects many people in Hanover, Lower Saxony and nationwide. It is now important to remain well informed, obtain legal advice and follow developments closely — because insolvency proceedings have not yet been opened. We are happy to assist you with legal issues and help you to protect your rights and claims.

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Please feel free to get in touch:
Tobias Bathon
Specialist Attorney for Construction and Architectural Law, Specialist Attorney for Transport and Freight Forwarding Law

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