FlyerTalk Forums - View Single Post - Insolvency claim for miles possible, 0.33 eurocents per mile [edited]
Old Apr 15, 2018 | 4:04 am
  #33  
swiss_global
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Originally Posted by RolfD
It is challenging read what it is important is that the administrator has found a potential investor... still I do totally agree with you that Etihad is liable for 75% of all the debt of Top bonus but it is only responsible for no more than 280.00 Euros!
RolfD, according to you signature you live in Germany. I wonder if owners are extracting money from a company that subsequently becomes insolvent, is really permitted in Germany? In most countries, including all anglo-saxon countries but e.g. also Switzerland, this is a serious offense which leads to both criminal prosecution and a civil obligation to return the money extracted, for the benefit of the creditors. I'm really surprised that everyone in Germany (including the administrator) seems very lenient on this ...
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