Signa Group's Liability Negotiations Begin

Insolvency administrators for the beleaguered Austrian real estate group Signa have taken steps to address liability claims through out-of-court negotiations, as announced by the company on Tuesday.

These negotiations signal a proactive approach to resolving outstanding issues following the company's financial collapse.

The initial session of these discussions is slated to occur in October, marking a critical moment for the company's future operations and financial recovery.

(With inputs from agencies.)