A Viennese insolvency lawyer has taken over the running of Signa Holding
The mysterious €300m will not be recovered, says administrator
Assets include a £2bn stake in Selfridges
The co-owner of Selfridges is at risk of losing his luxury Alpine villa
Co-owner Signa is expected to sell assets to recover creditors’ money
Munich Re and Allianz are heavily exposed to the struggling property empire
Insolvency filing shows debts leaping from less than €2bn to €5bn
The Austrian co-owner of Selfridges has failed to secure fresh capital
No deal was reached, as the Austrian property group struggles with €13bn of debt
The Thai group has converted a €364m loan into equity to take control
Turnaround specialist Arndt Geiwitz will chair the €27bn Selfridges co-owner
A restructuring plan for Signa could see it sell its Selfridges stake