Bankruptcy for three cafes in city

The cafes The Castle, Snow Valley and Coyote’s Bar were declared bankrupt last week. The owner of the hospitality businesses, Luigi Etzi, could no longer pay his tax debts.

The three pubs located in Peperstraat and Gelkingestraat will remain open as usual in the coming weeks, pending the settlement of the bankruptcy.

The bankruptcy, and consequently the provisional responsibility, is in the hands of bankruptcy trustee Martin Schuring of Tiebout Advocaten in Groningen. The hospitality businesses employed a total of fifteen staff members. It is not yet clear what will happen to the properties and whether the employees will keep their jobs.

There had been problems with the Tax Authorities for some time. The Economic Control Service had previously conducted a raid, and a debt of 3,800 euros to the municipality was paid in 2014. By doing so, the owner managed to prevent the inventory of his pubs from ending up under the auction hammer.

Coyote’s Bar (formerly on Peperstraat) was already closed for five months at the beginning of this year due to the move to the premises on Gelkingestraat (formerly Hot Shots), which opened its doors with a big party on June 2.

Via: DVHN.nl