Trustee files for bankruptcy of Lauritz co-owner’s personal companies

The failure to sell a French wine chateau means that Bengt Sundstrøm’s personal companies are now at risk of bankruptcy.

Bengt Sundstrøm, who was co-owner of the bankrupt auction house Lauritz.com, must now see his two personally owned companies go into bankruptcy proceedings.

This is reported by Finans, which has spoken to Henrik Selchau Poulsen, the trustee in the bankruptcy estate of Lauritz.com.

The bankruptcy petition is a consequence of the failure to sell the French wine chateau Vignelaure, which has been pledged as collateral for the bondholders who have money due in Lauritz.com’s bankruptcy estate.

Therefore, the reconstruction of both the property company Blixt Aps, which owns the castle, and Blixt Holding, which owns the former company, must be abandoned.

However, this does not change the fact that attempts will continue to be made to sell the castle so that the lenders can get some of their money back.

“The efforts to sell the French company that owns the wine castle continue unchanged and will continue to be carried out in collaboration with the same French and international real estate agents,” Henrik Selchau Poulsen tells Finans.

A total of claims have been raised against Lauritz.com’s bankruptcy estate in the region of 185 million kroner.

In addition, the trustees in the bankruptcy estate have made claims for damages against the former management – including Bengt Sundstrøm and his wife, Mette Rode Sundstrøm – as well as the auction company’s former auditor, the Beierholm audit firm.

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