In the gray business of insolvency administrators, Michael Pluta exudes optimism and a good mood. He has been a fixture in the industry for decades. The 74-year-old lawyer from Ulm has been dealing with the consequences of the insolvency of Allgaier Automotive GmbH for a year. With around 1,200 employees, it was the largest company in the former holding company Allgaier Werke GmbH, which once belonged to the former employer president Dieter Hundt. He then sold his life’s work to the Chinese. Then came the bankruptcy.
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