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Oscar Engelbert's company goes bankrupt
Oscar Engelbert, founder of the crisis-ridden real estate company Oscar Properties, is petitioning for his private company Parkgate to be declared bankrupt, reports Expressen. According to the newspaper, Engelbert submitted a bankruptcy application to the district court on Friday.
Oscar Properties makes a comeback – avoids bankruptcy
Oscar Properties Holding has, after an agreement with creditors, avoided bankruptcy. "Now we have got a little breathing room", writes the crisis-stricken property company's CEO Richard Bagge in a comment.
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