{
  "id": 12616825,
  "title": "Insolvenzantrag: Erhalten die Galeria-Beschäftigten erneut Insolvenzgeld?",
  "url": "https://urgent.news/2026/10/07/insolvenzantrag-erhalten-die-galeria-beschaftigten-erneut",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-07T10:58:10.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/politik/deutschland/insolvenzantrag-erhalten-die-galeria-beschaeftigten-erneut-insolvenzgeld/100260432.html"
  },
  "original_language": "de",
  "account": "According to information from the Deutsche Presse-Agentur, the chances of insolvency payments for the 12,000 employees of the 83 Galeria stores may be better than initially expected. The wholesale chain lodged an insolvency application with Düsseldorf Regional Court on the previous Friday, its fourth such application in six years. Generally, insolvency payments are not expected to be made because the payment problems from the previous insolvency in 2024 have not been resolved yet. The company continues to be in what is known as plan supervision, which is typically an exclusion ground for renewed payments. However, Galeria Karstadt Kaufhof GmbH, the company that went into insolvency in 2024, still exists. Its business activities were transferred to Galeria S.à r.l. & Co. KG, which is not in plan supervision according to entries in the respective insolvency registries of Düsseldorf and Essen Regional Courts. Therefore, insolvency payments could technically be made to employees of this company. Preliminary insolvency administrator Frank Kebekus has applied for the payment of insolvency funds, which is to be funded and thus paid out more quickly via a bank. The salaries of Galeria employees are currently reported to be around 25 million euros per month. When the Federal Agency for Labor decides the decision is not yet clear, but it is expected to be soon. The payment will be eagerly awaited by employees and trade union representatives, but viewed critically by others. Insolvency funds are financed through a levy financing system, which is not funded by taxes or contributions, but exclusively by employers - including the competitors of the wholesale chain. The Federal Agency for Labor calculates a total of 1.5 billion euros for insolvency funds for 2026, with expenditures amounting to 1.7 billion last year. Out of this fund, a multi-digit million amount has already been paid out to Galeria employees in three insolvency waves since 2020.",
  "summary": "Die Mitarbeiter der Warenhauskette warten auf die Entscheidung der Bundesagentur für Arbeit, die in Kürze erwartet wird. Die Aussichten sind womöglich doch nicht so schlecht.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}