At the insolvent IAG subsidiary Level Europe, only the “Nominated Persons” and “Administration” areas have been continued since the end of July 2020. The Korneuburg Regional Court has now also ordered the closure of the last-mentioned division.
Furthermore, the trustee already made some disposals in September 2020, which were published in the edict file. At Level Europe, according to the current status, only the area of "nominated persons", which is absolutely necessary to maintain the AOC and operating license, is continued. The approvals are still valid, because the search for buyers is still ongoing.
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