For the former Arcandor boss a request for personal bankruptcy is running. The 61-year-old, since November in examination-way, currently can not freely dispose of his assets. This makes a provisional liquidator.
For four and a half months Middelhoff sits in custody. The district court has sentenced him food in November for breach of trust against his former employer Arcandor and tax evasion to three years in prison. Right after Middelhoff had in a cell. The ongoing since prison is probably already been one of the worst experiences in his life for him. Now comes another added: Middelhoff has filed for bankruptcy at the district court of Bielefeld. The former star manager is therefore unable to pay.
The court has confirmed receipt of the request and the Bielefeld lawyer Thorsten Fuest appointed provisional liquidator. He will now examine in a report assets and liabilities and submit this report to the court. The then decides to open a case. If the assets are sufficient to cover the costs of the proceedings, the court would reject the procedure. Middelhoff any case can not freely dispose of his property for the time being; which takes Fuest.
It is unclear yesterday remained whether Middelhoff respectively its representatives have requested or if this is done by the Tax Office Bielefeld. This is one of the creditors Middelhoff. And in principle can make such a request, each creditor. Supposedly it comes to total liabilities of about 90 million euros, which, however, are facing high assets.
Since the bankruptcy of Arcandor Group this chapter of his life story follows the ex-boss Middelhoff in many legal procedures. The Criminal was just one of them. There are civil disputes with the Sal. Oppenheim, with the real estate businessman Josef Esch and management consultants Roland Berger. With Sal. Oppenheim and Esch Middelhoff argue for years about the management of its assets. Since 2009, the Cologne-based bank blocking its fixed deposit accounts, complains Middelhoff. The lawsuit is filed before the District Court of Cologne; when a final judgment could be handed down in the stars. Against this background Middelhoff is currently not in a position to meet a due income tax owed by the Treasury, citing the “image” his lawyer Hartmut Fromm.
Roland Berger Middelhoff sued for payment of seven million euros. Also, because the manager has resisted, he called back even the promissory note. Tomorrow it should be in this fight the next round before the District Court of Bielefeld. Whether this appointment will take place and whether Middelhoff will be there yesterday was still unclear.
Of course, now speculating about how big the assets of the former superstars actually is and whether he might transfer parts of it to relatives. The 61-year-old is said to have been fired for staff; what will become of his French residence, took place at the expensive of several weekends ago Arcandor board meeting is open.
At any rate, his lawyers during their date last unsuccessful attempt, her protege from custody to Get two weeks ago offered a deposit of about EUR 900 000. But this attempt to bail failed as the previous ones, because there is the opinion of the judges at Middelhoff still a flight risk.
Against Infidelity judgment of the district court of Essen have inserted his lawyers law by the Bundesgerichtshof. In Essen Middelhoff has been convicted, among other reasons, because he settled accounts flights with charter jets and helicopters from Arcandor. The cost he would have the Court considers that to pay themselves. Arcandor was such a loss of about half a million euros arose it was then called
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