Signa: Bankruptcy proceedings opened over LeiKi Facility Holding GmbH

Signa: Bankruptcy proceedings opened over LeiKi Facility Holding GmbH
Signa in massive turbulence
Image: Wolfgang Spitzbart

The company held a stake in Leiner & kika Möbelhandels GmbH, which has since been sold. Liabilities of supposedly 10.1 million euros are offset by assets of 227,000 euros.

“According to its own information, the debtor is not seeking to continue or restructure its company,” says David Schlepnik from KSV1870. According to the AKV, she is not entitled to self-administration. According to the information, 14 creditors and 4 employees are affected by the bankruptcy. According to the debtor, ongoing wages and salaries were paid up to and including the end of October.

According to KSV1870, the debtor, whose managing director was Marcus Mühlberger, was the sole shareholder of Leiner & Kika Möbelhandels GmbH and its operational management company until six months ago. The focus of the debtor’s entrepreneurial activity was therefore to hold the shareholding and to provide management tasks for this (later equally insolvent) company. The stake was sold and the debtor was then in final liquidation.

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LeiKi Facility Holding rented its business premises in downtown Vienna (Freyung 3) from Signa. There are no annual financial statements in the commercial register for 2022. The company is to be closed and liquidated.

According to its own information, KSV1870 learned that the running costs were financed by the debtor’s sole shareholder, Signa Retail Home & Living Holding GmbH, based in Zurich. This was discontinued due to the declaration of insolvency over the assets of the Austrian parent company Signa Holding GmbH. Signa Retail Home & Living, which according to AKV is owned by Signa Retail Selection AG (also based in Zurich), has been granted a provisional moratorium by the Zurich district court for a period of four months since December 8, 2023. During this time, the company can examine restructuring measures and try to obtain partial debt relief.

The lawyer Gerhard Bauer is appointed as insolvency administrator. The debtor must immediately hand over cash, valuables and business books to him and provide all the information necessary for business management.

The first creditors’ meeting, reporting and audit meeting will take place on January 31, 2024. The deadline for filing claims is January 17, 2024.

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