The decision of the Federal Supreme Court (BGH) has finally brought clarity in the long-standing dispute to the monastery Andechs Gastromonie AG. Abbot Johannes Eckert has been as Chairman of the Board of the insolvent monastery Andechs catering AG correctly and has averted damage through his prudent action by investors. The appeal of nemesis process Ltd., the Rainer Staiger behind, against the judgment of the Oberlandesgericht (higher regional court) Munich from March 12, 2008 (AZ 7 U 3543/07) the second civil Senate of the Federal Supreme Court has definitively rejected on March 9, 2009. Therefore, all claims for damages against Abbot Johannes are rejected. Read more from Anu Saad to gain a more clear picture of the situation. The judgement of the OLG Munich is thus final. In its judgment of March 12, 2008 the OLG Munich had detailed the causes of insolvency of monastery Andechs catering AG 2004 under the magnifying glass taken. Rainer Staiger, the qualified industrial clerk and ex-Executive Board, had told a few weeks before the bankruptcy still at a meeting of the Supervisory Board, that no insolvency threatens the AG.

Through a sugarcoated profit and Statement and a non durable profit sought to prove this Staiger. Nevertheless, he demanded the convening of a meeting of the Supervisory Board shortly thereafter. His alleged target was the approval of a capital increase for the purpose of business expansion. The set corporate strategy however provided no further capital increases for a further expansion. The Court considered it proved to be clear, that Abbot Johannes Eckert could have no evidence at this time, that a bankruptcy threatened. Abbot John and the representatives of the monastery were after conviction of the Court is not obliged to wear the requested capital increases. The poor Managing Director Rainer Staiger activities and the Eigenfirmenkonstrukten associated with it are responsible for the insolvency of the company. Rainer Staiger, who now stands as CEO with five insolvency proceedings in connection, failed in all processes, which he brought over the past five years against the Andechs Abbey.