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Business
AI

Court Appoints Trustee to Restaurateur's Firm After City Lawsuit

A court has appointed an interim bankruptcy trustee for HeavyCruiser, a company owned by restaurateur Sten-Erik Jantson, after the city of Tallinn initiated proceedings over nearly a year of unpaid rent for a prime location on Vabaduse väljak.

By shortl.eeWednesday, January 21, 20262 min readTallinn, Estonia
  • —A court has appointed an interim bankruptcy trustee for HeavyCruiser, a company previously known as Loud’n’Live Event, which is owned by restaurateur Sten-Erik Jantson.
  • —The company received a prohibition on asset disposal in late December, marking a preliminary step towards bankruptcy proceedings.
  • —This action follows a period of non-payment of rent by Jantson, leading the city to evict his businesses from premises on Vabaduse väljak (Freedom Square), which previously housed cafes Wabadus and Moskva.
  • —Jantson, in turn, is reportedly seeking €100,000 from the city, despite owing significant amounts to the state and facing other business disputes.

Recap

The appointment of a bankruptcy trustee marks a critical escalation in the dispute between restaurateur Sten-Erik Jantson and the city of Tallinn, moving it from a landlord-tenant issue to a formal insolvency. Jantson's counter-claim for €100,000 appears to be a tactical maneuver unlikely to halt the proceedings, which are rooted in a clear pattern of financial distress, including significant rent arrears and other documented business disputes.

bankruptcybusinessTallinnEstoniahospitalitylegal disputereal estate

Articles

3
Delovye Vedomosti
Бизнес скандального ресторатора движется к банкротствуJan 21
Äripäev
Restoraniärimees Sten-Erik Jantsonile kuulunud äri liigub pankrottiJan 21
ERR – Russian News
В Риге в январе закроют второй мишленовский ресторанJan 21
Back
Business
AI

Court Appoints Trustee to Restaurateur's Firm After City Lawsuit

A court has appointed an interim bankruptcy trustee for HeavyCruiser, a company owned by restaurateur Sten-Erik Jantson, after the city of Tallinn initiated proceedings over nearly a year of unpaid rent for a prime location on Vabaduse väljak.

By shortl.eeWednesday, January 21, 20262 min readTallinn, Estonia
  • —A court has appointed an interim bankruptcy trustee for HeavyCruiser, a company previously known as Loud’n’Live Event, which is owned by restaurateur Sten-Erik Jantson.
  • —The company received a prohibition on asset disposal in late December, marking a preliminary step towards bankruptcy proceedings.
  • —This action follows a period of non-payment of rent by Jantson, leading the city to evict his businesses from premises on Vabaduse väljak (Freedom Square), which previously housed cafes Wabadus and Moskva.
  • —Jantson, in turn, is reportedly seeking €100,000 from the city, despite owing significant amounts to the state and facing other business disputes.

Recap

The appointment of a bankruptcy trustee marks a critical escalation in the dispute between restaurateur Sten-Erik Jantson and the city of Tallinn, moving it from a landlord-tenant issue to a formal insolvency. Jantson's counter-claim for €100,000 appears to be a tactical maneuver unlikely to halt the proceedings, which are rooted in a clear pattern of financial distress, including significant rent arrears and other documented business disputes.

bankruptcybusinessTallinnEstoniahospitalitylegal disputereal estate

Articles

3
Delovye Vedomosti
Бизнес скандального ресторатора движется к банкротствуJan 21
Äripäev
Restoraniärimees Sten-Erik Jantsonile kuulunud äri liigub pankrottiJan 21
ERR – Russian News
В Риге в январе закроют второй мишленовский ресторанJan 21
Back
Business
AI

Court Appoints Trustee to Restaurateur's Firm After City Lawsuit

A court has appointed an interim bankruptcy trustee for HeavyCruiser, a company owned by restaurateur Sten-Erik Jantson, after the city of Tallinn initiated proceedings over nearly a year of unpaid rent for a prime location on Vabaduse väljak.

By shortl.eeWednesday, January 21, 20262 min readTallinn, Estonia
  • —A court has appointed an interim bankruptcy trustee for HeavyCruiser, a company previously known as Loud’n’Live Event, which is owned by restaurateur Sten-Erik Jantson.
  • —The company received a prohibition on asset disposal in late December, marking a preliminary step towards bankruptcy proceedings.
  • —This action follows a period of non-payment of rent by Jantson, leading the city to evict his businesses from premises on Vabaduse väljak (Freedom Square), which previously housed cafes Wabadus and Moskva.
  • —Jantson, in turn, is reportedly seeking €100,000 from the city, despite owing significant amounts to the state and facing other business disputes.

Recap

The appointment of a bankruptcy trustee marks a critical escalation in the dispute between restaurateur Sten-Erik Jantson and the city of Tallinn, moving it from a landlord-tenant issue to a formal insolvency. Jantson's counter-claim for €100,000 appears to be a tactical maneuver unlikely to halt the proceedings, which are rooted in a clear pattern of financial distress, including significant rent arrears and other documented business disputes.

bankruptcybusinessTallinnEstoniahospitalitylegal disputereal estate

Articles

3
Delovye Vedomosti
Бизнес скандального ресторатора движется к банкротствуJan 21
Äripäev
Restoraniärimees Sten-Erik Jantsonile kuulunud äri liigub pankrottiJan 21
ERR – Russian News
В Риге в январе закроют второй мишленовский ресторанJan 21
Back
Business
AI

Court Appoints Trustee to Restaurateur's Firm After City Lawsuit

A court has appointed an interim bankruptcy trustee for HeavyCruiser, a company owned by restaurateur Sten-Erik Jantson, after the city of Tallinn initiated proceedings over nearly a year of unpaid rent for a prime location on Vabaduse väljak.

By shortl.eeWednesday, January 21, 20262 min readTallinn, Estonia
  • —A court has appointed an interim bankruptcy trustee for HeavyCruiser, a company previously known as Loud’n’Live Event, which is owned by restaurateur Sten-Erik Jantson.
  • —The company received a prohibition on asset disposal in late December, marking a preliminary step towards bankruptcy proceedings.
  • —This action follows a period of non-payment of rent by Jantson, leading the city to evict his businesses from premises on Vabaduse väljak (Freedom Square), which previously housed cafes Wabadus and Moskva.
  • —Jantson, in turn, is reportedly seeking €100,000 from the city, despite owing significant amounts to the state and facing other business disputes.

Recap

The appointment of a bankruptcy trustee marks a critical escalation in the dispute between restaurateur Sten-Erik Jantson and the city of Tallinn, moving it from a landlord-tenant issue to a formal insolvency. Jantson's counter-claim for €100,000 appears to be a tactical maneuver unlikely to halt the proceedings, which are rooted in a clear pattern of financial distress, including significant rent arrears and other documented business disputes.

bankruptcybusinessTallinnEstoniahospitalitylegal disputereal estate

Articles

3
Delovye Vedomosti
Бизнес скандального ресторатора движется к банкротствуJan 21
Äripäev
Restoraniärimees Sten-Erik Jantsonile kuulunud äri liigub pankrottiJan 21
ERR – Russian News
В Риге в январе закроют второй мишленовский ресторанJan 21