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A-Tec: Restructuring With Success Prospects

Published: April 7, 2011; 08:02 · (Vindobona)

The insolvent A-Tec Group might actually succeed in completing its reorganization. An investor has yet to be found by the end of June.

A-Tec: Restructuring With Success Prospects / Picture: © A-Tec

According to the Austrian Credit Protection Association (KSV) the restructuring plan of the insolvent A-Tec might be confirmed by the bankruptcy court. There is nothing to "stand in the way" any longer, since all conditions are present. The KSV makes reference to the restructuring manager, Matthias Schmidt.

Three appeals were dismissed by the competent court in Vienna. Holders of…

This article includes a total of 170 words.

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