Les Bains d’Ovronnaz Escapes Bankruptcy: Thermal Spa Now Seeks New Owner

Thermalp SA, the company operating the Les Bains d’Ovronnaz thermal resort in the Swiss canton of Valais, has successfully secured a definitive debt-restructuring moratorium, according to judicial records. This legal development effectively shields the facility from immediate bankruptcy while the company initiates a formal search for a new investor or buyer to ensure the site’s … Read more

Italy Honors Victims of Crans-Montana Fire Tragedy

Concerns⁤ are mounting regarding the handling of a criminal investigation by ⁤Valais’ Attorney⁤ General, Beatrice ⁤Pilloud, as legal professionals voice criticism over her strategic decisions. ⁤⁢ Several attorneys‍ have ⁤expressed apprehension about the decision ⁤to⁣ release the managers of the Constellation bar, suggesting ⁣it presents an unacceptable‍ risk. Sébastien Fanti, representing multiple victims, articulated this … Read more