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German Department Store Galeria Reportedly on Verge of Filing for Chapter 11 Equivalent

Regulator Asks Lenders About Exposure to Owner René Benko
 (Photo by Alexander Hassenstein/Getty Images) (Getty Images)
(Photo by Alexander Hassenstein/Getty Images) (Getty Images)
By Thomas Daily, Bert Erik ten Cate
October 31, 2022 | 10:27 AM

German department store Galeria is planning to file for the German equivalent of Chapter 11, Schutzschirmverfahren, in early November, according to Manager Magazin.

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