“After the bankruptcy proceedings over René Benko’s assets were opened on March 8th, things are getting serious this week: the so-called audit meeting at the Innsbruck Regional Court is scheduled for Wednesday. The creditors who have registered their claims in advance will meet with the Insolvency administrators together. In the end it is clear how high the total claims from the bankruptcy proceedings against René Benko are. The debtor himself, or his representative, also declares his opinion on these claims,” said insolvency administrator Andreas Grabenweger from the renowned law firm CHG Rechtsanwälte in a press release .
The insolvency administrator “now has a mammoth task waiting for him because he has to secure and value the debtor’s assets.”
The list of assets
It’s all about the asset inventory. “The basis for this is the list of assets that the debtor himself submitted and signed. With this list of assets, Benko, as the debtor, declares that he will declare all assets and not hide anything,” it said in a release. “But the liquidator is not satisfied with simply “processing” this list of assets alone. He also checks business documents, contracts, bank accounts, etc. and investigates possible sources of information at home and abroad in order to determine further asset components and asset shifts in the past. Here On the one hand, a lot of sensitivity is required, but also a consistent approach.”
Bankruptcy proceedings
“Although the debtor is personally affected in this procedure (and not through the SIGNA companies), it is not a private bankruptcy, but rather an entrepreneurial bankruptcy. At the time of the bankruptcy declaration, the debtor was running a consulting company as a sole proprietor (without employees). “, says Grabenweger. “A ‘classic’ bankruptcy procedure is being carried out and not a restructuring procedure. So it is not about the continuation of the consulting company, but about the exploitation of René Benko’s assets. The focus is on the (partial) satisfaction of the insolvency creditors.”
The information about the procedure
Bankruptcy creditors and the interested public are informed via the CHG Rechtsanwälte website (https://chg.at) and the publicly accessible edict file (https://edikte.justiz.gv.at/edikte) informed about the essential course of the procedure and the important decisions of the court.
