Signa creditors file criminal complaint with Austrian anti-fraud prosecutors Date Monday, February 05, 2024 - 4:43 AM Description Group of creditors to René Benko’s property empire seek urgent investigation into collapsed group
Signa fires Benko ally for suspected ‘gross violations’ of duties Date Monday, December 11, 2023 - 2:55 PM Description Boards of troubled luxury real estate group say contract of Timo Herzberg terminated with immediate effect
Signa hit with €3.5bn more claims from creditors than expected Image Date Monday, January 29, 2024 - 7:21 AM Description Administrator to René Benko’s property holding company tells creditors he has received €8.6bn of claims
Signa Holding debts doubled in the months preceding insolvency filing Date Monday, December 04, 2023 - 10:00 PM Description Liabilities climbed to €5bn in September, up from about €2bn at the end of 2022
Signa Holding’s €5bn debt backed by €250mn collateral, says administrator Date Thursday, January 25, 2024 - 10:09 AM Description Disclosure raises fresh questions about how much lenders can hope to recoup from collapsing property group
Signa puts Chrysler Building up for sale in urgent effort to raise cash Date Tuesday, December 19, 2023 - 10:16 AM Description Collapsed European property company founded by René Benko faces painful wind-down, warns administrator
Signa unravelled: inside René Benko’s debt-laden property empire Date Friday, December 01, 2023 - 7:31 AM Description The players and properties at the centre of one of Europe’s highest-profile restructurings
Signal fiasco should remind us that complacency invites catastrophe Date Wednesday, March 26, 2025 - 10:00 AM Description The risk of a US intelligence breakdown is even more serious than this week’s error suggests
Signa’s administrator seeks €350mn to avert fire sale of assets Date Friday, January 05, 2024 - 8:07 AM Description Erhard Grossnigg wants cash to avoid selling incomplete projects at knockdown prices
Signs of stability from South Africa’s unity government boost business confidence Date Monday, August 12, 2024 - 10:00 PM Description Coalition’s relatively smooth start raises hopes that the two main parties can work together in the longer term