news
the new world
How 5G will lead to new network paradigms,
writes Arabian Business Community in their Newsletter.
Ne knowledge
6th Annual Middle East
Smart Landscape Summit 2018.
new job
Vanessa Butani
appointed new Director of Sustainable Business at Scandic Hotels.
Business Intelligence
Associated Luxury Hotels International Adds Sweden’s:
Gothia Towers to Portfolio and “ALHI Convention Collection”.
big business
American Express Global Business Travel
to acquire Hogg Robin Group.
Business Intelligence
Overnight stays: Innsbruck,
the Congress and Trade Fair City, achieves record results.
meetings develop cities
Reykjavik to host European Cities Talk
on morphing DMOs Business Models and engaging the city.
business intelligence
Arctic Circle Forum
boosts Faroese MICE sector.
at a new position
Heike Mahmoud
will be the new COO at Hamburg CCH.
Business Intelligence
Global Futurist Rohit Talwar
leads agenda for IBTM Arabia 2018.
RSS
rss_icon
Links
Congrex Bankruptcy Trustee Sells a www address for 875 000 SEK

When CONGREX went bankrupt they owned the URL konferens.se, which came from the former SKD purchase. Now, bankruptcy attorney Odd Swarting, Setterwalls law firm, has sold the address to the Swedish company White Equity Invest AB. In addition, a law firm in the UK has told the district court that Odd Swarting should be disqualified as the trustee in the bankruptcy.

Odd Swarting denies that he should be disqualified as the trustee, but has at the same time requested the appointment of another trustee to handle the parts creditors believe needs to be investigated by someone else.

– The URL has been sold following a tender process with many stakeholders to the highest bidder for 875,000 SEK including VAT, said Odd Swartling in a comment. He said that he just looked at who would pay the most, so that he can get as much money as he can to the bankruptcy estate.

– It's an almost improbable charge, says one industry analyst who wishes to remain anonymous. Obviously the buyer expect to make a lot of money from this address. It would not be worth even half to someone working inside the industry. As far as I known, the buyer has no organization or knowledge to conduct this kind of online booking business. That you can book "as usual" is thus a lie when the estate does not run the business which has been linked to the address. A bad start if one wants to pursue a serious business.

White Equity Invest has previously been under fire, including its company "118700 Text, Web & Telephone." Viewing one site rejta.se (only in Swedish) the company receives scathing criticism from many unhappy people.

The company has also previously made a notable buy when Tourist Company Ötab was declared bankrupt on Öland in October 2010. There White Equity Invest bought the URL and wanted to copy all the companies to their own page and then get paid for it.

Read what Ölandsbladet wrote. (Only in Swedish)