Oscar Engelbert, founder and former CEO of Oscar Properties.

Oscar Engelbert, founder and former CEO of Oscar Properties.

Image: Nicklas Tollesson

Oscar Properties in bankruptcy – can't afford to appeal

Sweden Sweden — Plus article The fight is over, the growing debts finally became too much, and the Swedish Tax Agency's bankruptcy application was the death blow. Oscar Properties is declared bankrupt. CEO Richard Bagge comments on the outcome of the court on Thursday.