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Friday, June 13, 2014 10:22:01 PM
Resource Development Group, Inc. and Parafin Corp. (OTC Pink: PFNO ISIN: US69912M4006) vs. ING Bank. N.V.
Berlin, 20.06.2013 – The Resource Development Group, Inc. is internationally oriented and active as an advisory and investment company. The company develops new business concepts for the economy and public infrastructures, offers, as an independent advisor, Know-How and capital for start-ups as well as small businesses and develops investment concepts for the financial service sector, banks, reinsurers and pension funds.
At a meeting held in Frankfurt on May 30, 2013 the manager of the Potsdamer Treuhand und Wirtschaftsberatung GmbH (PTW), Mr. Uwe Blaesing and a representative of the Resource Development Group, Inc., Mr. Terry Brinker, met with their attorneys to discuss the best course of action with respect to the outstanding ING Bank N.V. bonds held by Parafin Corporation.
In spite of numerous attempts on the part of Parafin Corp. to enter into settlement negotiations with ING Bank N.V no discussions have taken place to date. Parafin Corp. along with the PTW have decided to file a document suit in the district court of Frankfurt am Main in accordance with the provisions of § 592 ZPO. Parafin Corp and PTW will file for proof of evidence according to § 485 ZPO in order to establish the validity of their claims.
The Potsdamer Treuhand und Wirtschaftsberatung GmbH will be supported in its legal filings by its subsidiary, ERGOKONZEPT AG, in Potsdam.
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