Karma Sushi and Vaca files for insolvency.
However, operations in all restaurants will continue as usual, until another player is found that can take over the bankrupt estate’s chains.
That’s what trustee lawyer Gert Nissen from the law firm DLA Piper, told the news site Finans.dk.
“That’s two goals. One, of course, is to make sure that the creditors get the least amount of losses, the other is that there is a chance that we can save 300 jobs. After all, it also matters,” said Gert Nissen, adding that he already had interest from a potential investor.
The Danish bankrupt food and restaurant empire, which has 11 restaurants under the names Karma Sushi and Vaca, is owned by entrepreneur Morten Hansson.
The publication has not been able to get a comment from Hansson.