Pearl Gold says Frankfurt appeals court upholds EUR 927,932.24 payment ruling against ex-CEO Pacha

Bitget2026/10/07 14:09

Frankfurt Higher Regional Court rejected former sole CEO Michael Reza Pacha’s appeal, upholding a payment order against him. The ruling keeps in place a judgment requiring EUR 927,932.24 plus interest, issued by the Frankfurt Regional Court on July 6, 2020. Payment remains conditional on assignment of potential third-party claims totaling EUR 41,292.77. The court did not allow an appeal on points of law; a complaint to the Federal Court of Justice remains possible. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pearl Gold AG published the original content used to generate this news brief via pressetext (Ref. ID: 202610070918PRESSTXTEUPR__DE8F015E624A5206A9C933BBF27A1CC92) on October 07, 2026, and is solely responsible for the information contained therein.

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Frankfurt Higher Regional Court rejected former sole CEO Michael Reza Pacha’s appeal, upholding a payment order against him.
The ruling keeps in place a judgment requiring EUR 927,932.24 plus interest, issued by the Frankfurt Regional Court on July 6, 2020.
Payment remains conditional on assignment of potential third-party claims totaling EUR 41,292.77.
The court did not allow an appeal on points of law; a complaint to the Federal Court of Justice remains possible.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pearl Gold AG published the original content used to generate this news brief via pressetext (Ref. ID: 202610070918PRESSTXTEUPR__DE8F015E624A5206A9C933BBF27A1CC92) on October 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pearl Gold says Frankfurt appeals court upholds EUR 927,932.24 payment ruling against ex-CEO Pacha

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