PLUTA restructuring expert Steffen Beck appointed provisional administrator for several restaurants

Safet Ljajka, the operator of the CCS-Gastronomie and Paulaner Wirtshaus am Markt restaurants, has filed for insolvency. Following this, on 3 November 2020, the Local Court of Aalen ordered provisional insolvency proceedings and appointed Mr Steffen Beck from PLUTA Rechtsanwalts GmbH as provisional administrator. Ljajka operates several renowned restaurants at the Congress Centrum Stadtgarten venue under the CCS-Gastronomie banner and another at the Bud Spencer pool, all in Schwäbisch Gmünd. He also operates the well-known Wirtshaus am Marktplatz restaurant in the town’s market square. All of the restaurants’ operations are currently suspended on account of the coronavirus pandemic.

Filing for insolvency became inevitable due to liquidity problems. “The current situation is very challenging for all restaurant businesses. Nobody can yet say how things will go in Germany,” said PLUTA restructuring expert Mr Beck. He is being supported by attorney Mr Michael Reichold. The restaurants have a total of 25 full-time employees and around 70 temporary staff. “We are now in the process of gaining an overview of the financial situation of the restaurants in Schwäbisch Gmünd and are examining how they might continue operating after the current partial lockdown. The early discussions have been positive,” said Mr Beck at this initial stage.