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Francisco Fernandez's flagship company goes bankrupt – Inside ParadeplatzInside ParadeplatzInside Paradeplatz

Summary by Inside Paradeplatz
Proper Group in Zug stumbles over non-payment of bill for over 20,000 francs. Ex-Avaloq boss could lose over 80 million. Francisco Fernandez wanted to get started with private equity after selling his Avaloq banking software to a Japanese multinational. Now the well-known entrepreneur could suffer shipwreck with one of his key projects. Proper Group AG in Zug, which was previously called Utopia Music, […]
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