Builder Bankruptcy: €100K Debt & Insolvency Proceedings

by Archynetys Economy Desk

The next bankruptcy: Bankruptcy proceedings have been opened at the Feldkirch regional court about fs project GmbH & Co KG from Lustenau in Vorarlberg. The company is active in building construction and employs two people. What the future will look like for them is uncertain.

Insolvency proceedings should bring clarity

The Alpine Creditors Association (AKV) names four creditors. It should also be clear: The outstanding claims cannot be repaid by the stated liabilities. According to “Vorarlberg Online” there are debts amounting to 100,000 euros.

Whether these claims can now be paid will only be clarified in the insolvency proceedings.

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