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GERMANY HOLZMANN
RTRSJSV 
November 19, 1999 
Heinrich Binder (R), chief executive of troubled German builder Philipp Holzmann AG, listens to company... 
Frankfurt, Germany - FDR 
HOLZMANN CHIEF EXECUTIVE HEINRICH BINDER TALKS TO LAWYER AT NEWS CONFERENCE. 
Heinrich Binder (R), chief executive of troubled German builder Philipp Holzmann AG, listens to company lawyer Heinz-Juergen Gonderd during a news conference by the company in Frankfurt, November 19. Holzmann on Friday outlined a proposal for a three billion mark rescue package and said it would have to file for insolvency unless its creditor banks agree to it on Sunday.

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