Tag: Michael Jaffe
Insolvency administrator demands dividends back from major shareholders
Payment service provider Wirecard Berlin, Düsseldorf The insolvency administrator of the former Dax group Wirecard is demanding dividends back from major shareholders. Corresponding letters of repayment were recently sent to…
Markus Braun’s lawyer starts a large-scale initiative
Wirecard process Ex-Wirecard CEO Markus Braun (centre) has been in custody for almost three years. His main defense attorney is Alfred Dierlamm (left), one of the best-known criminal lawyers in…
Ex-Wirecard boss Braun goes before the Federal Constitutional Court
Markus Brown The ex-Wirecard CEO sees his fundamental rights violated by the Munich Higher Regional Court. (Photo: dpa) Berlin According to a newspaper report, former Wirecard boss Markus Braun is…
First insurance from Wirecard managers announces the end of payments
Markus Brown So far, manager liability insurance has had to pay the highest sums for the lawyers of the long-standing Wirecard boss. (Photo: dpa) Cologne A three-liner by the US…
P&R investors can keep their distributions
Container ship in Norway Investors in the insolvent container distributor P&R will be happy. The insolvency administrator may no longer contest payments made by the group before the bankruptcy. This…
Munich judiciary groans under lawsuits
Markus Brown After the Wirecard scandal, the former CEO has to answer in court. (Photo: AFP/Getty Images) Cologne On June 25, 2020, Wirecard AG filed for insolvency – shortly afterwards…
How Jan Marsalek made 315 million euros disappear
Berlin, Dusseldorf Creditors are waiting for 3.3 billion euros, shareholders lost 24 billion euros: For the Handelsblatt, Wirecard became one of the most complex and intensive research projects in its…
Shareholders get nothing after bankruptcy
Wirecard logo According to a judgment by the Munich I Regional Court, Wirecard shareholders are left empty-handed in the event of insolvency. (Photo: dpa) Dusseldorf, Berlin According to a judgment…
Next discount to creditors planned in the millions
Container ship off New York Almost half a million containers from the P&R stocks are still sailing the seven seas. The money they generate is to be distributed to the…
Charges against ex-boss Markus Braun approved
Dusseldorf, Berlin The Munich I district court has approved the indictment in the accounting scandal surrounding the former Dax group Wirecard. The court confirmed the relevant information from the Handelsblatt…
Charges against ex-boss Markus Braun approved
Dusseldorf, Berlin The Munich I district court has approved the indictment in the accounting scandal surrounding the former Dax group Wirecard. The court confirmed the relevant information from the Handelsblatt…
Ex-boss Markus Braun has to go to court
Dusseldorf, Berlin The Munich I district court has approved the indictment in the accounting scandal surrounding the former Dax group Wirecard. The court confirmed the relevant information from the Handelsblatt…
Regional court declares balance sheets 2017 and 2018 void
The Wirecard headquarters in Aschheim near Munich The Dax group Wirecard fell in June 2020 over a multi-billion dollar fraud scandal. (Photo: IMAGO/Alexander Pohl) Dusseldorf The balance sheets of the…
Authorities confiscate 25 million euros
Hermes kiosks The reality of Indian stores did not match the presentations. (Photo: private) Dusseldorf, Berlin, New York Almost two years after the collapse of Wirecard, new evidence of irregularities…
Compensation from EY: KapMug or foundation?
Frankfurt The bankruptcy of Wirecard AG in the summer of 2020 is one of the biggest economic scandals in German history. Private and institutional investors lost thousands of euros within…
Prosecutors bring charges against ex-Wirecard boss
Markus Braun before the investigative committee of the German Bundestag In custody for almost 20 months: The longtime Wirecard CEO rejects all allegations and wants to be the victim instead…
Prosecutors bring charges against ex-Wirecard boss
Markus Braun before the investigative committee of the German Bundestag In custody for almost 20 months: The longtime Wirecard CEO rejects all allegations and wants to be the victim instead…
Lawsuit against Wirecard management because of loans over 140 million euros
Singapore skyline Wirecard loans of over 140 million euros are said to have leaked here. The insolvency administrator is therefore suing the management board and two supervisory boards. (Photo: imago…
Plague and Records – the Stars 2021 – Handelsblatt Morning Briefing
In the times when not everything was better, just different, there were newspaper editions on weekends that advertised with the imposing number of pages – something three-digit. Our today’s print…
Insolvency administrator Michael Jaffé gives shareholders hope
Munich, Düsseldorf There was silence in Room 134 of the Regional Court Munich I when Judge Helmut Krenek raised the floor on Thursday: “If this business did not exist and…