Overview The Innsbruck Regional Court has issued a second conviction against former Austrian real-estate magnate René Benko, finding him guilty of fraudulent bankruptcy (betrügerische Krida) for…
Overview Austria’s former real-estate heavyweight René Benko and his wife Nathalie Benko are now confronting a second criminal indictment for alleged fraudulent bankruptcy (betrügerische Krida). Prosecutors…
Overview of the Verdict The Innsbruck Regional Court has delivered Austria’s first criminal judgment arising from the collapse of the Signa Group. Former real estate magnate…
Executive Summary The collapse of René Benko’s Signa Group has entered a new phase of accountability. Insolvency administrators for Signa Development and Signa Prime are preparing…
