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Oscar Properties
Oscar Properties Declared Bankrupt
The real estate company Oscar Properties has been declared bankrupt. The reason is a tax debt of nearly five million kronor.
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.
Bankruptcy Decision for Oscar Properties Postponed
The Stockholm District Court has decided to postpone the decision on bankruptcy for the crisis-stricken real estate company Oscar Properties until October 31, reports the newspaper Expressen. The decision was expected on Thursday, but was postponed after Oscar Properties' CEO Richard Bagge requested a reprieve, citing the possibility of additional funds coming into the company to cover a debt to the Tax Authority, which is the basis for the bankruptcy petition.
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.
The District Court Rejects Reconstruction for Luxury Property Developer
The crisis-stricken real estate company Oscar Properties' application for reconstruction was rejected by the Stockholm District Court on Wednesday, reports Dagens industri. "They have achieved their goal", says CEO Richard Bagge about a housing association that has requested the company's bankruptcy.
The Tax Agency Requests Oscar Properties Be Declared Bankrupt
The Tax Agency has submitted an application to the district court to request that Oscar Properties Holding be declared bankrupt, reports [Expressen](https://prod. expressen.
Rejection of Oscar Properties' Reconstruction Application
The Svea Court of Appeal rejects Oscar Properties' reconstruction application. This is stated by the real estate company in a press release, which also announces that the decision will be appealed to the Supreme Court.
Weak decline on the stock exchange – H&M plummeted
The Stockholm stock exchange fell slightly on Thursday. The OMXS index fell by 0.
New leadership in crisis-stricken property company
The crisis-stricken property company Oscar Properties has got a new management. Richard Bagge has been appointed as the new MD and Hans von Celsing as the new chairman.
Bankruptcy petition against Oscar Properties withdrawn
Oscar Properties, the real estate company, has reached an agreement with its lenders. The stock is soaring.
USA figure gave the stock exchange an extra boost
Stockholm Stock Exchange rose and the crown was strengthened on Wednesday. Fewer American jobs than expected gave a little extra boost to the stock market.
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