Alpine Holding: Insolvency Proceedings Now Official

Politics ♦ Published: July 2, 2013; 17:28 ♦ (Vindobona)

The insolvency proceedings for Alpine Holding have now officially started at the Commercial Court in Vienna. Liabilities come at € 700m.

Alpine Holding: Insolvency Proceedings Now Official / Picture: © Alpine Logo Press Photo

This was reported by credit associations KSV1870 and Österreichischer Verband Creditreform (ÖVC) on Tuesday. Karl Engelhart is the lawyer and liquidator, his deputy is Daniel Lampersberger. The first committee of creditors will be taking place on August 13.

The claims from the issuance of three bonds in the amount of € 290m by Alpine Holding have to be filed, according to…