Bitter News about Good Friday of the gastro industry in Innsbruck: the Operator GmbH of the Hard Rock Cafes slid in the bankruptcy. A renovation process was opened. 39 employees are affected. The obligations must be 2.1 million euros.
On Good Friday, a renovation process with self -administration on the Innsbruck Regional Court was opened on Good Friday, reported the Credit Protection Association from 1870 in the afternoon.
The amount of the outstanding obligations would be 2.1 million euros. 39 employees are affected.
“The causes of bankruptcy lie in the after-effects of the COVID 19 Pandemie, in the decrease in consumer behavior and in the seriously increased personnel and energy costs,” said the reform of creditworthiness.
Since January 2017, the company has been running the Hard Rock Cafe in Innsbruck as a franchisee at Hard Rock Holding Limited.
According to credit form, around 40 creditors are affected by bankruptcy. “A renovation plan with a quota of 30 percent, within two years, is offered to the creditors from the day of acceptance of the renovation plan, but not of the legal strength of the confirmation.”
Source: Krone
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