Article Tools

Erste Group and Bank Austria Face Lawsuits

Published: January 2, 2014; 15:06 · (Vindobona)

Two Austrian lending banks are involved both as plaintiffs and as defendants in bankrupt construction company Alpine’s court trials.

Erste Group and Bank Austria Face Lawsuits / Picture: © Alpine Logo Press Photo

Since the Federal Law Office has refused payments from liabilities in the amount of € 151m seven Austrian banks have filed a lawsuit against the Republic of Austria in November last year. However, now two are facing lawsuits themselves.

According to Austrian magazine “profil”, liquidator of bankrupt construction company Alpine, Karl Engelhart, has filed lawsuits against two…

This article includes a total of 532 words.

or Log In

Fast News Search
Related News
Without CESEE Business Alpine Would Still Exist (October 25, 2013)
Bill Gates Becomes Second-Largest Shareholder in FCC (October 22, 2013)
Austria: Alpine Holds € 52m in Assets (October 9, 2013)
Austria: Alpine’s Bankruptcy Claims Amount to € 4.15bn (October 8, 2013)
Alpine: Creditors in Austria and Poland Claim Refunds (September 4, 2013)
Read More
Banking Industry, Erste Group, UniCredit, Italy, Bank Austria, Construction Industry, Alpine, FCC, Spain, Bankruptcy, CESEE
Featured
Embassy of the Kingdom of Spain in Vienna, Austria
Meet the New Ambassador of the Kingdom of Spain in Austria: Juan Bautista Sunye Mendia
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
Austria Appoints 15 New Ambassadors to Austrian Embassies Worldwide
See latest Vindobona Newsletter