Court keeps €100mn Meinl bailout

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Finance

The Vienna criminal court has said it will not repay 100 million Euros paid out in bail last year for Julius Meinl V.The British businessman was freed after one and a half days in custody in Vienna after legal officials received the record 100-million-Euro bailout.Herbert Eichenseder, a member of the entrepreneur’s team of legal advisors, […]

Top Vienna eatery shuts over debts

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Business

One of Vienna’s most famous restaurants is set to shut down with bosses of the “Drei Husaren” eatery filing for bankruptcy.Tanja Schartel of the Federal Creditors’ Protection Association (KSV 1870) said today (Fri): “The closure is scheduled and staff have been informed about their dismissal.”Uwe V. Kohl GmbH & Co. KG, the managers of the […]