Holding with subsidiary bankrupt

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1

What happens with the subsidiarys if the holding company Goes bankrupt? Are they going bankrupt as well?

2

Sorry, i have no idea why i posted it in this forum.

3

Interesting question… a reply from someone who knows would be appreciated.

Jan

4

I - sadly - know. Your holding wents bankrupt for some million AS$ while your enterprise is worth over 1.5 billlion AS$. Anything will be deleted.

5

Hi,

thanks for answering that question, and auch ! That must have hurt…

So if your holding is in trouble, it is better to delete the subsidiary before the holding goes bankrupt. In that case you get all the remaining money from your subsidiary back in your holding. Or even better yet… make sure your holding doesn’t get into financial problems :wink:

Jan

6

Or - for short term - buy an airplane and push it over to the holding. :D