Insolvency proceedings in self -administration: opportunities for SC Finance Four GmbH!

Insolvency proceedings in self -administration: opportunities for SC Finance Four GmbH!

Laimgrubengasse 10, 1060 Wien, Österreich - SC Finance Four GmbH has submitted an application to the district court Offenbach an application to cancel its bankruptcy proceedings, since the conditions for bankruptcy are no longer available. This was announced today, March 17, 2025. The company has been in -house since March 19, 2024 to achieve renovation. After an in -depth analysis, the administrator has found that the original reasons for the insolvency proceedings were fully remedied, as apa.at . The claims against the project companies amount to less than 11 million euros, but a usable total amount of up to 22 million euros could now be achieved, which is a significant advantage for the creditors.

The company's previous management was able to maintain its position, which led to increased efficiency and a better proximity to the market. An improvement mechanism ensures additional returns of up to 5 million euros by the end of 2026, provided certain financing goals are reached. This shows that the self -administration not only avoided an insolvency plan, but also a positive development of the company's financial situation.

statistics for self -administration

statistics show that self -administrations can be found especially for larger companies such as the Air Berlin PLC, but they only make up a small part of the 29,000 bankruptcy proceedings, since only 732 of these procedures took place in their own administration. This form of bankruptcy has significant advantages, such as the preservation of the expertise of the existing management and lower procedural costs, which in many cases can be crucial for the continuation of the company, such as insolvency consultancy.

However, the challenges are often among smaller companies where liquidity is missing in order to ensure the necessary professional support. This can lead to an application for self -administration not submitted. Companies must therefore ensure that there are sufficient financial resources in order to remain capable of action even in crisis situations.