Compensation process Middelhoff’s bonuses method is reopened – FAZ – Frankfurter Allgemeine Zeitung

Compensation process Middelhoff's bonuses method is reopened – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
         

 
 
 
 
 
          Thomas Middelhoff has been sentenced by the district court food in a criminal trial to three years in prison.
     

 
                                           
 
 
     
     
     
         
         
                                                              

The Oberlandesgericht Hamm rolls the dispute between the former Arcandor CEO Thomas Middelhoff and the administrator of the former parent company Karstadt scratch. The 8th Civil Chamber see in the dispute over flight costs and bonuses outstanding issues and therefore a kick in the taking of evidence, told the court this Wednesday with.

                         
         
         
                                                             
                                 

The board issued on appeal called a note and support decision after the “official” character of the dispute flights had to be clarified. The Arcandor insolvency administrators had sued for repayment of unjus tified bonuses and private flights at company expense. Middelhoff and the trustee will now get to early February opportunity to substantiate their respective evidence, a court spokesman said. After that witnesses should be heard.

                         
         
         
                                                             

The Essen district court had sentenced the former top managers to pay 3.4 million euros in the civil proceedings. Accordingly Arcandor had paid huge bonuses to Middelhoff, although it was clear that the manager leaves the department store and tourism group.

                         
         
         
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In addition, the court found “no official reason” in the case of several expensive flights chartered jets that Middelhoff Arcandor had billed. Middelhoff’s lawyer Winfried Holter Müller had already announced plans to drive the litigation if necessary until the Federal Court.

                         
         
         
                                                             

Due to charges of tax evasion and embezzlement Middelhoff was in November – in criminal proceedings – sentenced by the district court for embezzlement food to a prison term of three years and was arrested in the courtroom. Because of the risk of absconding sitting of the 61-year-old former top managers, who resides in southern France, since in custody. In contrast, the lawyers Middelhoff lodged a complaint with the also have to dea l with the Oberlandesgericht Hamm.

                                                                         
 
  

 
 
 
                                

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09/12/2014, 14:35 clock |. Economy

     
     
     

 

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compensation process

Middelhoff’s bonuses method is reopened

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Since he was convicted in a criminal trial to three years in prison, sits the former Arcandor CEO Thomas Middelhoff in custody. With the liquidator of the bankrupt previous company he fights on in a civil suits at points of contention are bonuses and charter flights.

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