This is the best explanation of a situation that isn’t exactly easy for a layperson to wrap their head around that I’ve read in a long time. Mad respect to you!

 

Preliminary Insolvency Proceedings Ordered for NATIVE INSTRUMENTS Holding GmbH

Wednesday, January 28, 2026 by Editor JM

In insolvency proceedings 3612 IN 603/26, the Charlottenburg Local Court has ordered protective measures against the assets of NATIVE INSTRUMENTS Holding GmbH, located at Schlesische Straße 29–30, 10997 Berlin. The company is registered in the Commercial Register of the Charlottenburg Local Court under number HRB 133331 and is represented by its Managing Director, Bernhard Schütze. The company's business purpose is the acquisition, holding, sale, and management of investments, as well as the holding and management of its own assets.

By order dated January 26, 2026, at 6:20 p.m., the insolvency court ordered preliminary insolvency proceedings to avert further economic harm. At the same time, enforcement measures against the debtor were prohibited, and any enforcement actions already initiated were temporarily suspended, insofar as they do not concern real estate. The aim of this decision is to safeguard the company's assets and to facilitate an orderly review of its financial situation.

Attorney Prof. Dr. Torsten Martini from Berlin was appointed as the provisional insolvency administrator. He is responsible for monitoring the company's financial situation, securing and preserving its existing assets, and determining whether these assets are sufficient to cover the costs of insolvency proceedings. Since the date of this appointment, any dispositions by the company of its assets are only valid with the provisional insolvency administrator's consent.

Furthermore, Prof. Dr. Martini is authorized to establish a special account for the future insolvency estate, to collect bank balances and other receivables, and to receive incoming funds. The banks holding the accounts have been obligated to provide him with comprehensive information. Debtors of the company may only make payments to the provisional insolvency administrator and no longer directly to NATIVE INSTRUMENTS Holding GmbH.

The provisional insolvency administrator is also entitled to enter the company's business premises and facilities, inspect books and business records, and request all information necessary to secure the future insolvency estate and to clarify the company's financial situation. With these measures, the insolvency court has established the legal framework to carefully and systematically examine the further development of the holding company.

Source: https://verbraucherschutzforum.berl...e-instruments-holding-gmbh-angeordnet-405770/