it did happen in the fall…
Faller is back from bankruptcy. Unlike the US where a company can declare chapter 7 or 11, in Germany, a troubled company can only declare bankruptcy. A court ordered liquidator will start mandatory reorganisation (if there’s something left:)a and negotioate with creditors and cutomer. Only if not successful a final liquidation is done. So on January 13th 2010 the creditors accepted the restructuring plan and Faller is back to normal business.