Image
Oscar Engelbert, founder and former CEO of Oscar Properties.

Oscar Engelbert, founder and former CEO of Oscar Properties.

Image: Nicklas Tollesson

Here is Oscar Properties' plan for the corporate restructuring

Sweden Sweden — Plus article The bankruptcy threat hangs over Oscar Properties at the same time as the company applied for corporate restructuring, a measure that, if it goes through, will mean that founder Oscar Engelbert will leave the company completely. Documents that Nordic Property News has seen show what the company's reconstruction plan looks like:<br /> * The plan for new leadership<br /> * The decision regarding the liquidity<br /> * Options for refinancing