DGAP-Adhoc: Court settlement between Saint-Gobain Oberland AG and the liquidator of RKL Ruhr Kristall Glas AG

 | Source: EQS Group AG EQS Group AG 

Saint-Gobain Oberland AG / Legal Matter/Scheme of Arrangement

21.05.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Bad Wurzach, May 21 2008 – The lawsuit between the liquidator of RKL Ruhr
Kristall Glas AG, Essen, (RKL)  and Saint-Gobain Oberland AG (SGO)
regarding loss take over claims resulting from the business years 1993
until 1997 and at last amounting to more than 22 million Euro ended by a
court settlement.
Saint-Gobain Oberland AG shall pay an amount of 525.000 EUR and bears its
own lawyer’s fees for the settlement. The liquidator will not assert any
further claims and bears the remaining costs of the lawsuit.


Saint-Gobain Oberland AG
Cornelia Banzhaf
Public Relations
Oberlandstraße
88410 Bad Wurzach
Tel.: 07564 – 18 255
e-Mail: cornelia.banzhaf@saint-gobain.com



DGAP 21.05.2008 
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Language:     English
Issuer:       Saint-Gobain Oberland AG
              Oberlandstraße
              88410 Bad Wurzach
              Deutschland
Phone:        07564-18 255
Fax:          07564-18 461
E-mail:       cornelia.banzhaf@saint-gobain.com
Internet:     www.saint-gobain.com
ISIN:         DE0006851603
WKN:          685160
Listed:       Regulierter Markt in Frankfurt (General Standard), München,
              Stuttgart; Freiverkehr in Berlin
End of News                                     DGAP News-Service
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