But no restructuring: Signa Holding files for bankruptcy

Deutschlandfunk

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Signa Holding of the Austrian entrepreneur Benko has withdrawn its request for remediation and has instead applied to the Vienna Commercial Court for bankruptcy.

Tagesschau

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René Benkos Signa-Holding filed for bankruptcy and withdrew its restructuring plan. However, the important subsidiaries are sticking to their restructuring plans.

Spiegel

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René Benkos Signa-Holding has abandoned its restructuring plan — and filed for bankruptcy instead. A minimum quota for servicing creditor claims is therefore omitted.

Kronen Zeitung

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The insolvent Signa Holding of former real estate billionaire René Benko withdrew its restructuring plan application on Thursday and applied to the Vienna Commercial Court for the amendment to a bankruptcy proceeding.The insolvency administrator of Signa Holding, Christoph Stapf, reported this on Thursday.A minimum quota for servicing the creditor requirements is eliminated.This was justified by the fact that the restructuring concept was primar…

Schweizer Radio und Fernsehen (SRF)

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The bankrupt real estate company has filed for an amendment from a restructuring plan to bankruptcy proceedings in Vienna.

der Standard AT

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The former flagship in René Benkos Group has withdrawn the reconstruction plan. A bankruptcy is now being applied for. Reconstruction of the main daughters is planned