Heiligendamm: New owners and a new old familiar GM?

Rostock. Anno August Jagdfeld creates one issue after the next: after insolvency proceedings were initiated for Grandhotel Heiligendamm, presumably ending in a total loss of the stakeholders' funds, the investor now plans to build holiday homes and a new hotel at the Baltic coast. But where will the money come from?

Bad Doberan. The Grandhotel Heiligendamm and initiator Anno August Jagdfeld just don't seem to escape the headlines. Whilst the next, already the third, public prosecutor is investigating Jagdfeld, the administrator of Heiligendamm, Joerg Zumbaum, is searching desperately for investors for the insolvent Grandhotel Heiligendamm.