The mother of Signa founder René Benko may have won a legal victory in her role as founder: the Oberlandesgericht Innsbruck (OLG) lifted summary proceedings against Ingeborg Benko.
This should have limited their pen rights. Ingeborg Benko would no longer be allowed to change the foundation statements and statutes, provided she did so in “coordination with third parties”. Liquidator Andreas Grabenweger suspected that she was colluding with her son René Benko.
The interim injunction was decided in June by the regional court of Innsbruck; it was requested by the trustee in the bankruptcy proceedings of Benko. The reason for the termination: The claims of the trustee to take the place of Benko’s mother in terms of function cannot be legally derived.
Two private foundations established
Ingeborg Benko has set up two private foundations. In Laura, named after Benko’s daughter, assets worth hundreds of millions of dollars are said to be parked, in the Ingbe Foundation there are six villas on Lake Garda and gold of high value. The purpose of the foundations is said to be to provide for family members.
At the end of April, bankruptcy proceedings were opened over the assets of the Tyrolean Signa founder. 30 creditors are demanding around two billion euros, of which only 47.3 million has been acknowledged for the time being.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
