Gesamtzahl der Seitenaufrufe

Freitag, 18. März 2016

As of the date of this offering memorandum, no creditors who have brought legal action against the Province have succeeded in collecting on judgments entered in their favor // falsch....es gab erfolgreiche Vollstreckung......0151 461 9 56 56 rolfjkoch@web.de

Auf Seite 10/11 und 42/43 des neuen Anleiheprospektes ist auch der Stand der Klagen aufgeführt:

There are currently 13 final and non-appealable judgments and three lawsuits pending against the Province
related to the Province’s 2002 default on its bonds. These judgments and lawsuits are under three different
jurisdictions: the United States of America, Germany and Switzerland.

In the United States of America, there are six final and non-appealable judgments outstanding against the
Province for a total principal amount of USD 424,000 and EUR 201,000 (excluding interest, costs and attorney’s
fees), and one lawsuit that remains pending for a total principal amount of USD 85,000 (excluding interest, costs and
attorney’s fees).

In Germany, there are four final and non-appealable judgments outstanding against the Province
for a total principal amount of EUR 2,459,000 (excluding interest, costs and attorney’s fees), and two lawsuits that
remain pending for a total principal amount of EUR 40,000 (excluding interest, costs and attorney’s fees).

In Switzerland, there are three final and non-appealable judgments outstanding against the Province for a total principal
amount of CHF 600,000 (excluding interest, costs and attorney’s fees).

The Province can give no assurance that further litigation will not result in even more substantial judgments
against the Province. Present or future litigation could result in the attachment or injunction of assets of the
Province that it intends for other uses, including payments due under the Notes, and could have a material adverse
effect on the Province’s public finances.


As of the date of this offering memorandum, no creditors who have brought legal action against the
Province have succeeded in collecting on judgments entered in their favor

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