Insolvency Administrator of Signa Aims to Collect 200 Million Euros Through 28 Lawsuits

Against the Tax Office for Large Enterprises, the insolvency administration has contested 22.85 million euros. However, an expert opinion must now clarify when Signa's insolvency occurred, and there is currently no deadline for this. The auditors of TPA are facing a contestation and damages claim of 12 million euros, of which 8 million euros are for damages. Here too, the hearing has been postponed indefinitely. However, a payment to the Ingbe Private Foundation, named after the mother of the company's founder René Benko (Ingeborg Benko), amounting to 15.2 million euros, was contested out of court. The foundation's liens on two Signa companies are also disputed. The corresponding contestation lawsuit has been filed.

After Signa Bankruptcy: Waiting for Expert Opinion

The insolvency administration is demanding around 24 million euros from Hamburg Commercial Bank, where an expert opinion must first clarify the German legal situation. The insolvency administrator hopes to receive 8.26 million euros from the German RAG Foundation. However, the payment was rejected. Now, an expert opinion is supposed to determine the timing of insolvency. The hearing has been postponed indefinitely. The same applies to Kühne Immobilia Austria, from which the insolvency administration wants 16.52 million euros. Here too, they are waiting for the expert opinion. The claim against the Public Investment Fund is estimated by the insolvency administrator at 15.8 million euros. Although a contestation lawsuit has been filed here as well, it has not yet been served.

With the collapse of the Signa Group, several construction companies also lost their money or are supposed to repay it. In the contestation lawsuit against Metallbau Früh, 4.9 million euros are being demanded, and in the case of Züblin Spezialbau, it is around 2.15 million euros. The insolvency administration wants to recover around 10.8 million euros from the German construction company Adolf Lupp. A preparatory hearing has already been scheduled. Relatively modest are the 860,000 euros demanded in a contestation lawsuit from Porr.

In the bankruptcy proceedings over the assets of Signa founder René Benko, a claim of 300,000 euros has been filed. A declaratory judgment is being prepared here. According to the report, the former supervisory board member Karl Sevelda has transferred the demanded 50,000 euros plus interest and costs - a total of just under 59,000 euros - for "process-economic reasons." For the former board member Timo Herzberg, it is about approximately 6.65 million euros, which are being demanded through a contestation lawsuit. The first evidentiary hearing is scheduled for September 2025. But the former board member Manuel Pirolt is also supposed to pay. Here it is about just under 4 million euros. Bankruptcy proceedings were opened over Pirolt's assets in March. The claim of 3.1 million euros registered by Abel was fully disputed.

(APA/Red.)

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