Schindler Attorneys Advises Lena Hoschek GmbH on an Application for Restructuring Proceedings
Schindler Attorneys advised Lena Hoschek GmbH on the initiation of restructuring proceedings without self-administration. The petition, which was filed today with the Vienna Commercial Court, is a crucial step toward securing the long-term future of the Austrian fashion company.
Lena Hoschek GmbH, known for its high-quality, sustainable fashion collections and its international success, has faced significant economic challenges in recent months. In particular, ongoing supply bottlenecks, delays, and lingering effects from the COVID-19 pandemic have placed the company in a difficult financial situation. To ensure the continuation of business operations and secure jobs, the company has now developed a restructuring plan that provides for a 20% repayment rate for creditors.
“We have carefully weighed this step and are convinced that the restructuring process is the best way to put Lena Hoschek GmbH on a stable footing and lead the brand into a successful future,” explained company founder and Managing Director Lena Hoschek.
For Inquiries:
DDr. Clemens Philipp Schindler, LL.M.
Partner
clemens.schindler@schindlerattorneys.com
T +43 1 512 2613 205
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