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.
BusinessThe 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.
BusinessA climate activist was convicted of disobedience to the authorities but was spared punishment with reference to having acted to protect the climate. Now the Court of Appeal is overturning the decision and sentencing the man to pay a fine.
CrimeThe business broker systematically bought and resold companies with a good history, creditworthiness, and F-tax to criminals for use in criminal schemes, according to the indictment. Now, three people are being sentenced to prison for serious economic crimes.
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