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Dispute over billions in inheritance from Heinz Hermann Thiele: widow sues the Free State of Bavaria

2023-02-22T17:20:47.179Z


With the industrial groups Vossloh and Knorr-Bremse, Heinz Hermann Thiele had built up a fortune worth billions. Since his death, widow Nadia has been arguing with the executor - and is now taking the next step.


Enlarge image

Nadia and Heinz Hermann Thiele in front of the Frankfurt Stock Exchange in 2018

Photo: Alex Kraus/Bloomberg via Getty Images

According to SPIEGEL information, Nadia Thiele, widow of entrepreneur Heinz Hermann Thiele, who died two years ago, has filed an action for an injunction against the Free State of Bavaria at the Munich Administrative Court.

The lawsuit is related to the inheritance disputes between Nadia Thiele and Robin Brühmüller, the executor appointed by her late husband.

Last October, he submitted the draft of a statute for the Heinz Hermann Thiele Family Foundation.

Significant parts of Thiele's billion-dollar fortune are to be transferred to the foundation, in particular the shares in the train and truck supplier Knorr- Bremse and the railway technology company Vossloh.

Nadia Thiele accuses Brühmüller of disregarding her husband's last wishes when designing the foundation.

On December 1st, 2022, the foundation supervisory authority based in the Upper Bavarian state government announced that Brühmüller’s draft of a foundation’s statutes could be recognised, only people for the committees were missing.

Nadia Thiele's lawyers then sued the administrative court for an injunction, saying that the foundation should not be allowed to be supervised.

In addition to the board of directors, her husband planned a strong board of trustees to monitor the executive.

In the draft, however, the council should not have any significant control rights over the board.

Initial suspicion of fraud

According to the draft of the executor, he himself and Thiele's daughter Julia Thiele-Schürhoff and a person yet to be named should sit on the board.

Nadia Thiele is to be a member of the Board of Trustees.

Her lawyers also complain that Brühmüller provided people for the board of trustees that Thiele would never have considered.

Nadia Thiele is represented, among others, by the former CSU politician and lawyer Peter Gauweiler.

His law firm had initiated investigations against Brühmüller at the Munich public prosecutor's office because of the initial suspicion of infidelity and fraud, he is said to have obtained an excessive salary as an executor.

A spokesman for the executor stated that the allegations against Brühmüller “are without any factual basis and are unfounded”.

They have already been refuted in court.

The probate court had dealt with the criminal allegations and rejected them.

In the lawsuit against the Free State of Bavaria, Nadia Thiele's lawyers argue that the foundation supervisory authority should not decide on Brühmüller's draft foundation as long as he is under investigation.

Source: spiegel

All business articles on 2023-02-22

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