BRUSSELS (AP) — A Belgian court ruled Thursday that all assets in the country belonging to American investment group 777 Partners can be seized, in the latest legal setback for the embattled company that owns Standard Liège and several other soccer clubs.
The decision by a court in Liege came after Standard’s former owner Bruno Venanzi and shareholders of the company holding the club’s stadium requested the move, saying 777 had defaulted on a payment. It comes after a period of legal and financial turmoil for the Miami-based investment company, which has also seen its airline in Australia grounded in recent weeks and faces a massive fraud lawsuit in New York.
Belgian media reported that the court authorized the seizure of all 777 Partners’s assets in the country, including Standard’s accounts and shares, as well as shares in Immobilière Standard de Liège, which owns the Maurice Dufrasne stadium. The court declined to comment when contacted by The Associated Press.
Related articles:
Related suggestion:
Anya TaylorAngela Bassett pays tribute to 9Adley Rutschman's 2Türkiye's Erdogan, Greek PM stress maintaining positive momentum in tiesAngela Bassett pays tribute to 9Kroos criticizes match officials for offside call in BayernFIFA members to vote on the host of the 2027 Women's World CupWhat to know about a bus crash that killed 8 Mexican farmworkers in FloridaI got stuck at one of the world's northernmost hotelsMariners activate Dominic Canzone off injured list. J.P. Crawford getting closer to return
2.8549s , 6055.1328125 kb
Copyright © 2024 Powered by More trouble in Belgium for Miami ,Culture Chronicle news portal