“The PSV Lounge on the Old Donau offers you the opportunity to chill out with us and just unwind. Whether you want to lie in the sun all day or enjoy a good cocktail at a romantic sunset – you’ve come to the right place!”, it says on the homepage. “We can accommodate up to 400 people. We also offer delicious barbecue buffets for your summer party. We would be happy to create an offer tailored to your personal wishes.”
We’re talking about the HABS Gastronomy Company GmbH based in Vienna-Leopoldstadt. She loudly Credit reform applied for restructuring proceedings without self-administration. The procedure with the File number 3 S 43/26g has already been opened at the Vienna Commercial Court.
The causes of bankruptcy
“The lease agreement with the police sports club has expired. The debtor has significant claims on the lessor that are disputed,” it says in the insolvency application. “Previous promises were (allegedly) not kept. As a result of this and the sale of the inventory, a quota of 20 percent is to be expected. The debtor was no longer able to resolve these events economically in the short term, especially since the ÖGK has filed for insolvency against the debtor due to arrears amounting to 47,717 euros.”
The future
After the company’s debts have been discharged, “the debtor will be able to run another restaurant business to cover costs again, if necessary at a different location and to raise the quota for the creditors within a period of two years,” the application further states.
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