Austrian real estate giant Signa whose vast portfolio includes New York's iconic Chrysler building on Wednesday announced it would initiate insolvency proceedings, filing for court protection as it undergoes restructuring.The company said it would initiate insolvency proceedings at a Vienna court on Wednesday.
The management of Signa
Holding GmbH will apply to launch self-administrated insolvency
proceedings with a Vienna court on Wednesday, the Austrian
property group said in a statement. The.
Rene Benko's real estate giant Signa whose vast portfolio includes New York's iconic Chrysler building on Wednesday announced it would initiate insolvency proceedings, marking the spectacular downfall of the self-made Austrian tycoon. Signa said it would initiate insolvency proceedings at a Vienna court on Wednesday.
Rene Benko s real estate giant Signa whose vast portfolio includes New York s iconic Chrysler building on Wednesday announced it would initiate insolvency proceedings, marking the spectacular downfall of the self-made Austrian tycoon.