It is gradually becoming exciting in the bankruptcy of Alpine Family. With the first test of the largest debtor company it almost went to things. Only 10.99 million euros in open claims were also included by the company …
A bankruptcy caused a sensation in April. The Alpin family hotel and apartment chain reported bankruptcy. The company, which grew up with the so-called Buy-to-Let model, had collected a total of more than 23 million euros in debts.
15 companies, in particular company companies of the chain of the chain in Pinzgau, are closed in the bankruptcy. Everything has to be continued. A bankruptcy procedure only runs against the Society of Mein Almhof in Nauuders in Tyrol.
Despite the great winter, registered bankruptcy
As a reason for bankruptcy, Alpin family indicates that the costs have exploded and prices and inflation have risen. Despite an excellent winter company, you had to go to the bankruptcy court in April.
With the largest company alone, Alpin Family GmbH, there are almost 17 million euros open from creditors. As part of the research status, which took place in Vienna because of the constructions of the winding company, the company today disputed around one third of the claims. The insolvency manager only recognizes 10.99 million euros.
In the renovation process you only want to pay the minimum rate of 20 percent. On July 30, creditors who are massively damaged by the millions of bankruptcy accepts the small punishment. As you have rumors, not everyone is willing to refrain from 80 percent of their requirements.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
