03-02-15 22:56 pm – Source: Reuters
Exterior of a branch in Apeldoorn. © anp
Property Owners and owner Sun Capital did Tuesday every effort V & amp; D still too rescue. A crisis meeting that began at 18:00 lasted at the close of this newspaper continuing. The future of one of the most famous shop names of the Netherlands is at stake. Earlier in the day said V & D that suspension is inevitable if the lawsuit of the largest property owner IEF Capital is lost. “If the judge IEF give equal, then that loss impossible to wear for V & D. That is a bridge too far ‘
IEF Capital, owner of twelve V &. D affiliates, demanded Tuesday in Amsterdam evacuation of the four main buildings in Amsterdam, Maastricht, Utrecht and The Hague because V & D for four months will pay no rent, followed by a structural rent reduction that amounts to a monthly discount of 22 percent. Despite a desperate attempt by V & D to avoid the lawsuit by making the last moment, at least a portion of the rent for those four buildings on IEF continued the case
Those four months. which no rent is paid, in the case of IEF comes down to a cost of 8 million euros. Also investment Prowinko said Tuesday to institute a lawsuit to V & amp;. Turn D from its premises in Roermond
According to the lawyer of V & D are the property owners engaged to perform a ‘cowboy scenarios referred to V & D to collapse into bankruptcy. That while the company’s own words only need two to three weeks to carry out the necessary restructuring and to survive. If the four main buildings of IEF indeed be cleared, loses V & D, 17 percent of total sales, the 606 employees to fire and is the only remaining option, says V & amp; D, requesting a moratorium – the prelude to bankruptcy .
Diametrically opposing
That both parties are diametrically opposed, was clear from the wording of the legal teams Tuesday . IEF operates according V & amp; D ‘cheap blame’ and makes ‘cardinal mistakes in the argument’ while V &. D in turn according to IEF ‘weeks, if not months, lied’
According to IEF just plays with that setup in an unwillingness even to negotiate further. So the V & did; d rather a counter-proposal to surrender in exchange for the proposed rent discount store area. But V & amp; D rejected this plan with the argument that the loss of income the company would only further help in trouble. For IEF was that rejection reason not to continue talking and put through summary proceedings.
“There is a proposal. That is not accepted, “the IEF lawyer. “We ask ourselves, moreover succeeds strongly on whether the promised restructuring. Negotiate further makes no sense anymore. ” Jos van de Mortel, owner of the V & D buildings in Den Bosch, Heerlen and Sittard, said not to expect that the judge ordered an evacuation, “but that does not mean it is ready after Friday. I know at least another eight to nine other property owners who are considering going to court “
.” I’m not crazy ‘
18.00 Van de Mortel moved to a by brokerage Cushman & amp; Wakefield organized conversation between V & amp; D, the American owner Sun Capital and the twenty landlords. “Do you see this bag,” pointing to a MediaMarkt bag bearing the slogan “I’m not crazy.” ‘I’ve taken this evening at the V & D management to let you how I think about it. ”
For the concert was initially allocated two hours. But at half past eleven took a spokesman of Cush man & amp; Wakefield yet again, indicating that every effort will still be done to compromise. The property owners boasted that would represent their properties others interested in the row. Besides that would be willing to pay more than V & D is doing now. The suits of the marathon discussions were still very uncertain
V &. D has no time since also dropping off customers. Customers took Tuesday an advance on a possible bankruptcy, as shown by the many reactions here and there appeared. Not out of sympathy with the ailing chain, but, “we still can ‘exchange, potted gift certificates
(By: Jarl van der Ploeg).
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