The Austrian clothing provider Gössl has overcome a decisive hurdle in the course of his bankruptcy proceedings. On Monday, the Alpine Officer Association (AKV) announced that the creditors: Inside as part of the voting crime statute, the renovation plan submitted by Gössl Gwand GmbH had approved.
The traditional costume specialist based in Salzburg made bankruptcy applications for its companies Gössl GmbH and Gössl Gwand GmbH in December. As part of the following procedure, Gössl GmbH was hired, which was responsible for the development and production of the Gössl brand. All surgical activities were bundled in the course of slimming the group in the previous sales company Gössl Gwand GmbH.
According to the AKV, the creditors were claimed by the creditor during the renovation process of Gössl Gwand: 170 claims at a total amount of almost 4.1 million euros. Of this, claims of a total of 919,881.64 euros were recognized as rightly existing, the association said. The other claims of around 3.1 million euros, on the other hand, were disputed. “In the case of a large part of the contested claims, the mass administration sees the subordination, since it is claims within the Gössl group,” explained the AKV.
The now approved renovation plan stipulates that the creditors: inside a quota of 20 percent of their legitimate claims will be gradually received over the course of two years. The first tranche of ten percent was “to be released within 14 days of the assumption of the renovation plan by the mass administrator,” said the AKV.