Signa: Insolvency administrator rejects many claims – billions are at stake. Rejected creditors can now try to secure part of the funds through a court decision so that they do not end up empty-handed.
Around 5.1 billion euros alone would be attributable to liability claims (largely from guarantees and letters of comfort) and 1.6 billion euros to intra-group payments, such as loans. Claims within the group were completely disputed, but trade payables are comparatively manageable at around 1.5 million euros.