Creamware again insolvency?

organix · Post by **organix** » Thu Feb 22, 2007 1:28 pm

Hello,

I found an report about the opening of an insolvency proceeding regarding the german Creamware Audio GmbH.

Anyone have news about a new insolvency of creamware?

Here's what I found. Sorry it's in german only and I'n not able to translate this.

Amtsgericht Bonn, Aktenzeichen: 99 IN 386/06

In dem Insolvenzeröffnungsverfahren über das Vermögen

der im Handelsregister des Amtsgerichts Siegburg unter HRB 5794 eingetragenen CreamWare Audio GmbH, Am Turm 11-13, 53721 Siegburg, gesetzlich vertreten durch den Geschäftsführer Wolfgang Roth

Geschäftszweig: Entwicklung u. Herstellung sowie der Verkauf und die Lizenz von Hard- und Software

ist am 18.12.2006, um 15:12 Uhr angeordnet worden (§§ 21, 22 InsO):

Zum vorläufigen Insolvenzverwalter wird Rechtsanwalt Dirk Obermüller, Godesberger Allee 125-127, 53175 Bonn bestellt.

Verfügungen der Schuldnerin über Gegenstände ihres Vermögens sind nur noch mit Zustimmung des vorläufigen Insolvenzverwalters wirksam (§ 21 Abs. 2 Nr. 2 InsO).

Den Schuldnern der Schuldnerin (Drittschuldnern) wird verboten, an die Schuldnerin zu zahlen. Der vorläufige Insolvenzverwalter wird ermächtigt, Bankguthaben und sonstige Forderungen der Schuldnerin einzuziehen sowie eingehende Gelder entgegenzunehmen. Die Drittschuldner werden aufgefordert, nur noch unter Beachtung dieser Anordnung zu leisten (§ 23 Abs. 1 Satz 3 InsO).

Maßnahmen der Zwangsvollstreckung einschließlich der Vollziehung eines Arrests oder einer einstweiligen Verfügung gegen die Schuldnerin werden untersagt, soweit nicht unbewegliche Gegenstände betroffen sind; bereits begonnene Maßnahmen werden einstweilen eingestellt (§ 21 Abs. 2 Nr. 3 InsO).

99 IN 386/06

Amtsgericht Bonn, 18.12.2006

-
Markus

kybernaut_01 · Post by **kybernaut_01** » Thu Feb 22, 2007 1:47 pm

Most probably this is no big deal because CW is (or will be) "only" a distributor for products made by InDSP.

Post by **hubird** » Thu Feb 22, 2007 2:05 pm

this is old news and had it's reasons, which are explained and discussed thoroughly.
Important new devellopments are announced and coming very soon.

Why don't you first search the forums for information, you have the date of this document?
You think this could have been unnoticed by the Planetz community?
Creamware (F. Hund that is) even made an announcement about the subject here.

(fighting against rumours mode off).

ScofieldKid · Post by **ScofieldKid** » Thu Feb 22, 2007 5:31 pm

Uh well... I've been reading bits and pieces of this. But I haven't seen any kind of sufficiently complete post describing the future of the company in any clear way. The "Greetings From India" post suggests something things, but a lot is not clear.
I have the feeling that we are all just waiting until MusikMesse (March 28-31) for an official press release. It sounds like the old company is disappearing. But I really don't know what that means.

I am pretty optomistic. In either case, we have some great existing products. And the used market has been very robust lately, so people who want to can get spares at this point. So not too much to worry about from a utilitarian standpoint. And you can still buy stuff right now. It's just not terribly clear where things will be say 2 months from now, or 6 months from now. It would be helpful to know that. But again, I assume we'll have to wait for official word.

organix · Post by **organix** » Fri Feb 23, 2007 12:52 pm

hubird wrote:this is old news and had it's reasons, which are explained and discussed thoroughly.
Important new devellopments are announced and coming very soon.

Why don't you first search the forums for information, you have the date of this document?
You think this could have been unnoticed by the Planetz community?
Creamware (F. Hund that is) even made an announcement about the subject here.

(fighting against rumours mode off).

Sorry, but I have searched the forum before, but I didn't find any topic tha really concerns the recent insolvency 1-2 months ago.
I found postings about the insolvency some years ago, but not about the current.
And, announcing some future plans of scope don't explain any bankrupty of the german headquarter of CW.

Creamware isn't F. Hund and vice versa. Creamware is a company and the directory name of Creamware in Germany , the Creamware Audio GmbH, is Wolf Roth.

Sorry for my announcement. I thought it could be interesting for some people who don't read any thread comletely here on Planetz. I feel, that maybe it was a mistake to post a new topic without searching and reading all postings on this forum.

regards
Markus

Shroomz~> · Post by **Shroomz~>** » Fri Feb 23, 2007 1:07 pm

In the UK we call this sort of discussion 'airing someone elses dirty washing in public', which is considered to be not really the right thing to do.

We'll get rock solid news when we get it. Discussing or should I say speculating about it is helping absolutely nobody, particularly CW.

erminardi · Post by **erminardi** » Fri Feb 23, 2007 1:08 pm

The old tread was deleted from first poster, so, now, is disappeared after a hot discussion.
This because some matters of Creamware's privacy...
We can only wait for official communications directly from CW, all others words are only a sort of suppositions and inferences.

ScofieldKid · Post by **ScofieldKid** » Fri Feb 23, 2007 1:36 pm

Uh, this doesn't wash. If the illuminatti here feel they don't see any value in engaging in discussion, more power to you. But, other people may very well want to share their ideas and discuss future potentialities. Attempting to stop other people from discussing issues that might have value to them seems a bit over zealous.

Some companies operate with something called "transparency". So it is not always the case that any given business will operate to advantage by operating in the shadows. That is point #1. Point #2 is that there are people here who have seen information relating to the end of the former company, and people who haven't, and that information has been limitted but has been posted by official representatives of the company. I see no reason why we shouldn't share that type of information with people who have not yet seen it. Other information that is private, yet, no problem.

Shroomz~> · Post by **Shroomz~>** » Fri Feb 23, 2007 1:56 pm

Hi there,

I wasn't telling anyone what to do. Discuss whatever you want.

I for one won't be getting involved in speculative disscussion on the matter even although I'm one of the people here who knows jack shit (nothing) about what's going on with CW.

Immanuel · Post by **Immanuel** » Fri Feb 23, 2007 2:21 pm

I don't think Markus opened up for a discussion - just a gathering of known information. It is true, that people often take these kind of things into discussing what some company wich they have no inside knowledge about whatsoever should do and not do. But I don't think Markus went into that direction.

Post by **hubird** » Fri Feb 23, 2007 2:24 pm

I agree with the idea that everybody is free to discuss whatever he likes

But:
1. there is the fact that someone starts making questions about a major and delicat subject in the announcing forum.
That leaves a bad impression on me in the first place.
You must be completely blind to miss the sticky first topic title Only announcements here, please'.
Specially if you come in with a heavy duty subject...

2. the low number of posts (8 ) makes me also think someone just leaves a wild card without taking notice of the time, place and way of presentation.

3. the poster obviously thinks that it is really possible that we or the rest of the world could have missed that insolvency news.
Without any prudence or sense of subtlety he steps into 'the world of Planetz', goes for the full price by naming the subject of his post 'Creamware again insolvency?', and posting the full form also...all this more than 2 months after the actual happening.
Hosé hosanna

That's too much for my simple mind, and so I reacted a bit sour.
Don't wanne make a court of it tho
Organix, more info also here:
http://www.planetz.com/forums/viewtopic.php?t=21072
http://www.planetz.com/forums/viewtopic.php?t=21225
http://www.planetz.com/forums/viewtopic.php?t=21010 (indeed hard to search, as here already the subject of the thread was deleted for 'delicat' reasons)

ScofieldKid · Post by **ScofieldKid** » Fri Feb 23, 2007 2:43 pm

Well we certainly agree on that point.

Moderator, can this one be moved to "Off-Topic" or somewhere more appropriate?

(Thanks for adding the reference links also by the way. It has been a little hard to track this info. And again, let me say I'm optomistic about the directions that Ralf has posted about.)

katano · Post by **katano** » Fri Feb 23, 2007 3:21 pm

Markus

Kleiner Hinweis, vielleicht nimmst du den Quote besser wieder weg, weil:

Gemäß § 2 Abs. 1 Satz 3 der Verordnung zu öffentlichen
Bekanntmachungen in Insolvenzverfahren im Internet ist das Kopieren
und weitere Verbreiten der Inhalte dieser Seite unzulässig!

Gruss
Roman

organix · Post by **organix** » Fri Feb 23, 2007 4:35 pm

First let me explain, that I don't want any hot discussion here.
But on the other hand, I see no reason why people should not discuss about the future of the company and about news like an insolvency.

I don't know how such thing handled in other countries, but in Germany insolvency isn't a secret thing. I'm sure, we don't harm CW by discussing here.
If CW is really insolvency that means, that they haven't enough money to pay their creditors. But, this don't mean that they have to close the company. This means they maybe have some financial problems, not less and not more.

I know, many speculative here, but why not. I don't see any problems to discuss rumors.

I'm sure and I hope too, that CW will have a future. I'm still very happy with my Creamware hard- and software.
The announcements of InDSP are nice, but like Frank said, InDSP is only a R&D company and so it can't replace CW.

But ok, it seems nobody here knows any further details and also it seems that some people want avoid such threads. Tha last I want is a conflict here, so sorry to all for my initial posting.

Maybe I'll have more luck to get some answers, by asking CW employes on Musikmesse in a few weeks.

regards
Markus

PS Katano: Ich habe den Text aus einem anderen Forum herausgenommen, aber auch bei insolvenzbekanntmachungen.de kann man das nachlesen und dort sehe ich auf Anhieb auch nichts was dagegen spricht diese Bekanntmachungen im Internet zu zitieren.

Post by **hubird** » Fri Feb 23, 2007 4:39 pm

ScofieldKid wrote:Moderator, can this one be moved to "Off-Topic" or somewhere more appropriate?

Would be nice if john had time to read all our eruptions, but he doesn't

He has to be pm'd for this to make it happen soon

cheerZ.

Shroomz~> · Post by **Shroomz~>** » Fri Feb 23, 2007 4:55 pm

Ah, so that's why all the offf-topic threads haven't been moved off the device forum

Post by **hubird** » Fri Feb 23, 2007 5:54 pm

yes, i regret that (also), i'd like to see John as kinda Stalin move wrong placed threads immediately to the right forum, while taking the word 'General' in 'General Scope Forum' not as a vague 'fits all' qualification

hifiboom · Post by **hifiboom** » Fri Feb 23, 2007 8:48 pm

organix wrote:The announcements of InDSP are nice, but like Frank said, InDSP is only a R&D company and so it can't replace CW.

plz look at the inDSP job profiles and you will change your mind....
It seems to be not just an R&D company....
They may already have the manpower to build a new scope platform....
And believe me in india there are sitting some of the most skilled coders around the world...

And Frank also mentioned "the show will go on"....

so lets enjoy our time here and wait for the future....

Post by **hubird** » Fri Feb 23, 2007 8:55 pm

quote from F.H.:

It’s in India where the majority of the “next big thing” is being engineered, and we certainly have you, our SCOPE community, in mind. To be frank, as we are also working on other (but not totally unrelated) projects, that new platform will still take a while to mature and replace a full SCOPE. But it has other talents which are really neat.

astroman · Post by **astroman** » Fri Feb 23, 2007 9:06 pm

it shouldn't go unmentioned that Markus (organix) is one of the main supporters of Creamware in the respective forum on homerecording.de...

Not much going on there (in quantity), but one of the dudes was really smart in digging out a possibility who might be the receiver of 'technology been sold' recently. It's hidden on this page and of course it's not AD

could be just a typo as well, who knows...

cheers, Tom