{"id":30419,"date":"2024-04-02T14:44:15","date_gmt":"2024-04-02T12:44:15","guid":{"rendered":"https:\/\/www.sustainable-bus.com\/?p=30419"},"modified":"2024-04-04T09:29:45","modified_gmt":"2024-04-04T07:29:45","slug":"bankruptcy-or-recovery-seven-days-to-go-to-know-van-hools-future","status":"publish","type":"post","link":"https:\/\/www.sustainable-bus.com\/news\/bankruptcy-or-recovery-seven-days-to-go-to-know-van-hools-future\/","title":{"rendered":"Will recovery follow bankruptcy? A few days left to know Van Hool’s future (and two potential buyers)"},"content":{"rendered":"\n

\u00abVan Hool<\/strong> remains determined to pursue a sustainable future for the company. In the context of the ongoing procedures at the Mechelen Business Court, Van Hool will take an extra week to safeguard the possibility of a quick restart<\/strong>\u00bb, the company itself makes known in a press release issued on 2nd April.<\/p>\n\n\n\n

A note issued that does not (indeed) dispel doubts about the company’s future and the fate of its workers<\/strong>, who are obliged to wait another seven days to know their future, poised between bankruptcy or, hopefully, a new course, with a new ownership at the helm<\/a> or the company’s relaunch still under the Van Hool family, thanks to a Recovery Plan<\/a> put together by crisis manager Marc Zwaaneveld<\/a>, who as we have told you in recent days has not spent honeyed words towards the Van Hools\u2026<\/p>\n\n\n\n

In any case, no acquirers is set to take over the company’s debts. Following bankruptcy, the acquirer would be debt-free, with the curator trying to settle the debts as much as possible with the income they get from the sale of the company.<\/p>\n\n\n\n\n\n

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\n\t\t\t\tVan Hool seeks protection from creditors to continue talks with banks and government on its Recovery Plan<\/a>\n\t\t\t<\/h2>\n\t\t<\/header>\n\n\t\t
Van Hool seeks protection from creditors to ensure business continuity, the company made public yesterday 19th March. It follows the announcement made on 11th March about the company’s decision to halt production of city buses and focus only on coaches (in Macedonia). Van Hool states it &#8220…<\/div>\n\n\t\t