US EditionFressnapf founder Toeller sues Benkos’ private foundation
6 Articles
6 Articles
While many investors have written off their shares in the real estate and trading group Signa, Torsten Toeller is not giving up. The Fressnapf founder is trying to enforce his claims in court. At the center of the lawsuit is a private foundation owned by the Benko family.
According to "Spiegel", the investment company Fressnapf Luxembourg has to return its 4.5 percent stake in Signa Holding, but never received the money in return
Toeller's investment company Fressnapf Luxembourg used the option promised by Benko to return its 4.5 percent share in Signa Holding. However, the investment company never received the money for it, reports "Spiegel". The corresponding lawsuit has been pending at the Vienna Commercial Court since the beginning of August. Information suggests that Benko could be living off of cash gifts from his mother Ingeborg. His mother, a retired kindergarten…
The Signa investor's exit from the holding company is said to have been thwarted.
Fressnapf founder and Signa investor Torsten Toeller is trying to get back at least part of the money he invested in René Benko's now insolvent Signa Group. Toeller has filed a lawsuit against the Laura Private Foundation, which Benko founded with his mother Ingeborg, reports the German news magazine "Spiegel" in its current issue.
Fressnapf-Gründer Toeller klagt Benko-Privatstiftung
Der Fressnapf-Gründer und Signa-Investor Torsten Toeller versucht, zumindest einen Teil des Geldes zurückzubekommen, das er in die mittlerweile insolvente Signa Gruppe von René Benko investiert hat. Toeller hat eine Klage gegen die Laura Privatstiftung eingebracht, die Benko mit seiner Mutter Ingeborg gegründet hat, berichtet das deutsche Nachrichtenmagazin "Spiegel" in seiner aktuellen Ausgabe.
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