Hope for creditors: Schlecker insolvency: lawsuit worth millions must be re-examined

Almost eleven years after the drugstore chain Schlecker went bankrupt, a major claim for damages by the insolvency administrator could still lead to success.

Hope for creditors: Schlecker insolvency: lawsuit worth millions must be re-examined

Almost eleven years after the drugstore chain Schlecker went bankrupt, a major claim for damages by the insolvency administrator could still lead to success. The cartel senate of the Federal Court of Justice (BGH) in Karlsruhe ruled on Tuesday that the Frankfurt Higher Regional Court (OLG) had prematurely rejected its claims.

Now everything has to be checked again there. As a result, the insolvency proceedings continue to drag on. At the same time, there is hope for the creditors that there will be more money to distribute in the end. (Az. KZR 42/20)

In court it is about at least 212 million euros, which the insolvency administrator Arndt Geiwitz is demanding from several large drugstore manufacturers. The Bundeskartellamt had fined these companies for exchanging information between 2004 and 2006. Geiwitz says that Schlecker therefore had to pay inflated prices in purchasing.

Schlecker filed for bankruptcy in January 2012. Many thousands of employees - especially women - lost their jobs. The money from this and other antitrust lawsuits could primarily benefit you, the Federal Employment Agency and the social security funds.

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