The high school tour operator “Splashline”, which organizes “Summer Splash” among other things and filed for insolvency proceedings in May of the previous year, has been saved for the time being. The creditors have approved the restructuring plan, according to the creditor protector KSV1870. After the insolvency proceedings have been legally lifted, the creditors will receive a cash quota of 42 percent of their established claims. The money for quota and procedure must be deposited within three weeks, then the procedure will be lifted.
The customers got their money back: The travel customers’ down payments were processed via the package travel insurance.
Related posts:
A Brussels resident installs a solar panel on his front terrace
Congressional Safety Review Reveals Serious Flaws in Boeing's Safety Culture
A British bank expects bitcoin to reach $100,000 on this date
China condemns US sanctions linked to fentanyl
New "iPhone 15" announced, highest model "Pro Max" priced $100 more than iPhone 14 - Bloomberg
September 28 trial: Dr Ben Youssouf expected to take the stand this Tuesday
French Mortgage Market Update: HCSF Relaxes Credit Criteria Marginally for 20% of Loans
Swiss Stock Market Ends on Positive Note: SMI Recovers Above 11,000 Points