No Bankruptcy Proceedings Against Kneissl

Published: November 15, 2010; 14:11 · (Vindobona)

Contrary to what has been speculated for days, no bankruptcy proceedings have been filed against the Tyrolean ski manufacturer. Five execution applications have been filed however.

No Bankruptcy Proceedings Against Kneissl / Picture: © Kneissl

The traditional Tyrolean company apparently lies in financial difficulties. So far, no bankruptcy petition has been made, but five applications for execution have been filed at the District Court of Innsbruck. The Kreditschutzverband (KSV, Credit Protection Association) has already been commissioned to institute extrajudicial proceedings to collect accounts receivable from Kneissl.…

This article includes a total of 207 words.

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