Clearway Capital Calls for Transparency in GZO AG Creditor Committee Proposal

Zurich, August 29, 2025 – Clearway Capital urges GZO AG and court-appointed trustees to ensure transparent procedures before the creditors' meeting on September 8. GZO AG's proposal to form a creditor committee to oversee trustees has prompted Clearway to stress the need for well-defined rules that maintain process integrity and build confidence among all creditor groups.

Clearway warns that a poorly structured committee, reflecting narrow interests, might undermine supervision and lead to unfair transaction approvals, risking asset disposals below fair market value. This concern arises from GZO's prior asset issues and current restructuring plan challenges.

Clearway's demands include proportional committee seat allocation, claim amount-based voting, public transparency of rules and claims, and permission for Michael Endres to address creditors. Clearway also insists on trustee replacement to restore confidence in the restructuring process.