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Court opens insolvency proceedings concerning ADA

Creditors to be offered recovery rate of 20% pursuant to restructuring plan

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Published in issue 14/2026
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ADA Möbelfabrik GmbH and ADA Möbelwerke Holding AG (both based in Anger, Austria) have filed an application to open insolvency proceedings. The regional court in Graz granted the application and opened proceedings on 24 March 2026. Georg Wielinger from Kaan Cronenberg Rechtsanwälte GmbH has been appointed as insolve...

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upholstery furniture
bedroom furniture
Mattresses
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