VSV insolvency prompts staff meeting and legal support

The insolvency of the company operating EC VSV has prompted the Carinthian Chamber of Labour to prepare a staff meeting and arrange legal support for affected workers, ORF Kärnten reported.

The company, EC VSV GmbH, filed for restructuring proceedings under external administration at Klagenfurt Regional Court on Monday morning. The insolvency affects 38 players and other employees, but not the club’s youth and junior programmes.

The Chamber of Labour’s Insolvency Protection Association for Employees is preparing a meeting for the coming days and gathering information to advise and represent players and staff. Association head Herbert Diamant said the chamber would provide free legal representation and check whether workers qualify for emergency insolvency assistance.

If they qualify, employees will be informed, and the Chamber of Labour may advance outstanding claims against the Insolvency Remuneration Fund to help ease financial difficulties, Diamant said.

Chamber of Labour President Günther Goach said the organisation aimed to clarify the affected workers’ legal position quickly and support them. He also highlighted the fund’s role in providing financial protection during insolvencies.