His lawsuit against several former board members of Solarworld was heard for the first time before the district court in Bonn on Thursday.
It is about the accusation of delaying insolvency and contesting insolvency as well as claims in the three-digit million range, according to a statement from the court last week.
The lawsuit is also directed against former company boss Frank Asbeck.
The 63-year-old told the German Press Agency that he considered the claims unjustified.
Solarworld has been in trouble over the past decade due to tough Chinese competition and the global drop in solar panel prices.
The company went bankrupt in 2017, a restart with a smaller successor company failed and led to insolvency again.
In 2018 the production was stopped.
The allegations in the Bonn court proceedings relate to the first insolvency.
The office of the as
Insolvency administrator Horst Piepenburg, the Düsseldorf lawyer, did not want to comment in advance on an inquiry by the FAZ
.
However, lawsuits against former directors and board members are common in the market, but they are complex and often lengthy.
As a rule, the former consortium of directors' liability insurers is involved.
A possible compensation would then accrue to the bankruptcy estate.
Possible liability checked for a long time
Solarworld had applied with 1700 employees in the spring of 2017.
The existing shareholders went largely empty-handed.
Even then, Piepenburg had announced that it would examine liability claims.
The company was subsequently broken up and partially sold.
Two factories ended up, still under Asbeck's leadership and with a financial stake from the CEO
solar world
industries.
The following year came the end for this company as well.