Solar Millennium – Claassen dispute heats up

Share

Following a meeting of Millennium’s Supervisory Board on Wednesday, it was decided that an action would be filed with the Landgericht (Regional Court) Nürnberg-Fürth for repayment of the full amount Claassen received upon his appointment. This was done yesterday.

It was announced last March that Claassen had left the German solar company after working there for just 74 days. Following the CEO’s unexpected resignation, a battle between the two parties ensued, which has still not been resolved.

In April 2010, for example, Solar Millennium released a statement saying that it had filed charges against unknown persons following several relevant requests by the media, "who were obviously deliberately provided with misleading and reputation-damaging information". Then in November, Claassen, through his lawyer, stated that he would bring an action to the District Court of Nuremberg-Fürth for payment of €7.1 million euros against Solar Millennium.

In a statement released by the company yesterday, it said: "The Supervisory Board considers the settlement negotiations, which started in May last year, as failed."

Helmut Pflaumer, chairman of the Supervisory Board of Solar Millennium AG added: "Since December we have been going round in circles. We went to great lengths to solve all open issues. In the meantime, our suggestions are no longer receiving any replies. We will now enforce the company's interests through the courts."

Court hearings docketed for March 29 were postponed once again, following a motion by Claassen. The Landgericht Nürnberg-Fürth now scheduled the hearing for September 9.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Daikin launches air-to-water heat pumps for single-family homes

16 December 2024 Daikin has released a line of residential heat pumps, using propane (R290) as the refrigerant, with outdoor unit dimensions of 1,122 mm x 1,330 mm x 6...

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.