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Signa Insolvency: Controversial Loan from the Laura Private Foundation
The insolvency of Signa, under the leadership of René Benko, continues to cause a stir. Particularly controversial is a loan that the Laura Private Foundation, which Benko and his mother back, granted to Signa Holding six weeks before the insolvency filing in November 2023. Trustee in bankruptcy Christof Stapf considers the transaction detrimental to the holding company and seeks to have it set aside by the court and claim damages.
View into the office of René Benko, founder of Signa Holding, whose loan transactions through the Laura Private Foundation are now at the center of legal disputes. / Picture: © aurena.at
Critics, above all the trustee in bankruptcy of Signa Holding, Christof Stapf, fundamentally question the necessity of this loan, as reported by ORF. According to Stapf, Signa Holding already had an unused overdraft facility of EUR 50 million, which was valid until the end of 2025. It is therefore incomprehensible why Benko's…
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