Thursday, 26 March 2015
The Swiss justice department has definitively rejected the Brussels Court of Appeal’s “Sabena” decree. SAirGroup will therefore not have to pay 18.3 million euros to the company executors, L’Echo said on Thursday. The Court of Appeal decree said the SAirGroup (parent company of Swiss Air and Sabena shareholder) was responsible for the Belgian company going bankrupt. The decree said SAirGroup had to pay a provisional 18.3 million euros in damages to Sabena’s executors, who are led by Christian Van Buggenhout (DLA Piper).
Over the course of May 2014, the Swiss justice department had already rejected the Brussels Court of Appeal’s decree. At the time, Christian Van Buggenhout, Sabena executor, appealed. That appeal has just finished, and the federal tribunal has definitively rejected it. SAirGroup will therefore not have to pay a centime for Sabena’s bankruptcy.