Published on March 18, 2024, 08:50
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Bankruptcy proceedings were opened at the Klagenfurt Regional Court on Monday regarding the assets of Ilgenfritz Beteiligungs-und Verwaltungs GmbH.
Van Tanja Jansitz
1 minute reading time(189 words)
die Ilgenfritz Investment and Management GmbH Dependent on business performance of other group companies. “As it has recently turned negative, the required payments have not been made and this has led to liquidity problems,” the company said. KSV1870 with Monday. The financing bank has now called in the line of credit and frozen all bank accounts. For this reason, there is a bankruptcy.
No math overdraft
Liabilities are approximately 1,135,000 Euros. In contrast, there are assets of 3.6 million euros – meaning there is not mathematically much debt at the moment. However, this value also includes the property in Lignano. “Properties will be thoroughly verified during the process,” it says AKV Europe.
Continuity of planned activities
Two lenders were affected by the bankruptcy. The restoration project is scheduled to be completed. The objective is to provide the necessary cash flow through the sale of real estate to carry out the restructuring plan and to ensure the continued existence of the Villach Company and its subsidiaries. Henceforth, creditors can file claims till April 8, 2024. He became a bankruptcy administrator Klagenfurt lawyer Christian Anetter ordered.
An announcement: This post was last updated on March 18, 2024 at 8:53 am
