By order of the Commercial Court of Vienna dated Jan. 25, 2024, Signa Holding GmbH was withdrawn from self-administration upon its own request. The proceedings will now be continued as restructuring proceedings without self-administration. This was announced by the Viennese lawyer, Dr. Christof Stapf, who was appointed as administrator.
The changes are intended to give the restructuring plan more time. Under self-administration, the deadline would have expired after 90 days. A meeting with the creditors is scheduled for March 18.
