Signa Prime, an insolvent property firm, is in discussions with the holding company of billionaire Klaus-Michael Kuehne about receiving a financial lifeline. This development comes as Signa Prime's creditors have agreed to a proposal for the orderly sale of the company's luxury properties worth billions of euros. The company, which filed for Chapter 11 bankruptcy in New York federal court last year, expects to emerge from the Chapter 11 proceedings as early as next month. Creditors have agreed to significant concessions in the wind-down deal.