Middelhoff has to sell his villa – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
         

 
 
 
 
 
          Has the end of March registered personal bankruptcy: the former top executive Thomas Middelhoff
     

 
                                              

 
 
     
     
     
         
         
                                                             

The villa of the former top manager Thomas Middelhoff in Bielefeld will be sold quickly. “The market value of the property is 3.4 million euros,” said the insolvency administrator Thorsten Fuest Search composite of Süddeutsche Zeitung, WDR and NDR. Fuest prepares the sale according to his spokesman before.

                         
         
         
                                                             
                                 

The Villa once belonged to the family of entrepreneurs Oetker. Currently they be burdened by a mortgage in favor of Bankhaus Lampe, the Middelhoff owe 1.62 million euros.

                         
         
         
                                                             

Fuest announced against SZ, WDR and NDR that they wanted to include involvement Middelhoff’s to apartments and commercial spaces in Magdeburg sell soon, to provide bulk for the creditors. From the exploitation of the fund shares the liquidator expects “an amount to 150,000 euros”.

                         
         
         
                                                             

Middelhoff silent

                         
         
         
                                                             

According to the spokesman Fuest total of more than 50 creditors have announced claims against the former Bertelsmann and Arcandor’s CEO. Creditors are requested to register their claims until 31 August. This is a small fee but also afterwards still possible, the spokesman stressed.

                         
         
         
                                                             

The requirements to be examined on 21 September in the District Court of Bielefeld. For this day a meeting of creditors is provided.

                         
         
         
                                                             

What is the level the demand sum total amounted, was still open, the spokesman said the insolvency administrator continues. He could not confirm the mentioned by the research network of 104 million euros. He pointed out that Middelhoff had raised also owed to creditors. These would be examined by the insolvency administrator.

                         
         
         
                                                             

Middelhoff himself wanted to be, according to SZ, WDR and NDR having regard to its ailing health on request not comment. The former head of Bertelsmann and the bankrupt previous company Arcandor had filed personal bankruptcy in late March. The district court Bielefeld had early July insolvency proceedings.

                                 

 
  

 
 
 
                       

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personal bankruptcy

Middelhoff has his villa sale

More than 50 creditors money from Thomas Middelhoff. Its 3.4-million villa in Bielefeld is therefore to be sold as soon as possible.

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