Signa - Mass Administrator Wants 751 Million Euros From Ex-Managers

vienna.at

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Following the billion-dollar bankruptcy of the real estate group Signa, the insolvency administrator Andrea Fruhstorfer wants to return hundreds of millions of euros from former supervisory board members and management board members – including prominent names such as Alfred Gusenbauer and Susanne Riess.

Kurier

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The Mass Manager of Signa Development demands compensation from the former Boards of Directors and Supervisory Boards.

Salzburger Nachrichten

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In the course of the bankruptcy of the real estate group Signa around the company founder René Benko, who is in U-liability, billions have been sunk. The mass manager of Signa Development, Andrea Fruhstorfer, now demands 751 million euros in fees from ex-CEOs and supervisory boards of one of the most important sub-companies, writes the news magazine "profil". At the beginning of March it had demanded "for the time being 125 million euros".

nachrichten.at

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VIENNA. The mass manager of Signa Development, Andrea Fruhstorfer, is now reclaiming 751 million euros in fees for the damage incurred by ex-CEOs and supervisors of one of the most important sub-companies, writes the news magazine "profil". At the beginning of March, she had demanded "125 million euros for the time being".

manager magazin

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Following his massive bankruptcy, former real estate entrepreneur René Benko faces legal repercussions. The public prosecutor alleges fraud, but Benko denies any guilt. Our analysis shows in graphic form what investigators discovered about the money carousel.

profil.at

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And not just him. Signa Development's insolvency administrator demands EUR 750 million from ex-CEOs and supervisory boards for the damage caused.