7 Articles
7 Articles
The insolvency of Laura Privatstiftung raises questions about fast real estate sales just before the financial crisis. Very few claims were accepted during the first day.
Laura Privatstiftung does not run an operational business. Instead, it holds a branched network of investments in real estate companies in Germany and abroad.
The Signa-Pleite is drawing wide circles. The insolvency proceedings of the Laura Privatstiftung, a foundation of the Benko family, are currently being closely considered. There, creditors reported claims of 1.7 billion euros.
In the insolvency proceedings against the Laura Privatstiftung, which was co-founded by real estate entrepreneur René Benko, the first day of the examination took place Monday afternoon at the Landesgericht Innsbruck. Of the approximately 1.7 billion euros already known in advance for claims of the creditors, only 32.7 million euros were initially recognized as justified by the mass administrator. However, the latter amount is likely to [...]
In the bankruptcy of the Laura Privatstiftung by René Benko, the mass administrator only recognised 32.7 million euros in claims. Creditors wanted 1.7 billion euros, especially the Arab state fund Mubadala.
The first day of examination on Monday afternoon at the Landesgericht Innsbruck brought the expected result. Recognised claims are expected to rise to the level of fast
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