Bankruptcy Judge Stops Production at Kneissl

Published: July 14, 2011; 15:42 · (Vindobona)

The Austrian ski manufacturer continues the search for an investor. Production has been stopped by the judge in the bankruptcy proceedings.

Bankruptcy Judge Stops Production at Kneissl / Picture: © Kneissl

The next step has been taken in the bankruptcy proceedings of Tyrolean ski manufacturer Kneissl. Bankruptcy judge Hannes Seiser has ordered that production at the Kufstein site be stopped. “We have taken this measure as a continuation would have been to the detriment of the company’s creditors”, explained Seiser, confirming media reports.

Liquidator Stefan Geiler and…

This article includes a total of 206 words.

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