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Page 1 — y knew what y were doing

Page 2 — privately, Anton Schlecker generously

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A little bit of foreclosure from WartendenFotografen, judges grant schleckers. And so you don't have to go by rows of seats full of journalists and irritated spectators, sonderndürfen use a side entrance. Through this, Far Anton, TochterMeike and son Lars enter meeting Room 1 in StuttgarterLandgericht at noon, accompanied by an escort of six lawyers. The cameras click.

As a few minutes later verdicts against relate defendants fall, y stand with ir backs to audience. They lassensich not mention how y take decision of judges: AntonSchlecker, far of family and founder of drugstore, receives a Bewährungsstrafevon two years. His daughter Meike has to InsGefängnis for two years and eight months; His son Lars anor month longer.

All three members of family were guilty of vorsätzlichenBankrotts and insolvency, court judged. It officeisof conclusion of a company bankruptcy, which for years has been a topic in Öffentlichkeitwar – and end of a month-long court trial.

The residual substance was looted

In his three-hour sentence, chairman Judge Roderich Martis drew picture of a geratenenDrogerieimperiums, whose fall was inevitable at some point. To DiesemZeitpunkt, three defendants would have plundered residual substance of company. It is refore essential issue of this process: When did Schleckerswissen have to implode ir business model?

The court dated this date to February 1, 2011. The day before, a house-built bank plan had indicated impending disaster, in form of a financial gap of 60 million euros. Current loans could no longer be served, dieLastschriften from suppliers went into emptiness. "Anton Schlecker had 2011kein liquid private wealth more to balance demands," RichterMartis soberly notes.

In years before, Verlustelangsam had increased. 2008, it was 82 million, two years later 118Millionen and at end of 2011 finally 205 million euros – while sales decreased by more than one fifth in same period. One in need beschlossenePreiserhöhungsoffensive accelerated decline only: now DasEinkaufen was significantly more expensive in Spartan schlecker branches than in Derstark expanding competition from DM or Rossmann.

"They were not economic laymen"

Anton Schlecker, personally liable merchant, as well as his two children Meike and Lars, both studied business economists, knew, according to conviction of court, early on what Unternehmendrohte. "They were not economic laymen," says Martis. Always on Mondays, according to court, family met at company headquarters, all numbers could be made by bank data or stock.

Perhaps schleckers already knew seit2009 about impending bankruptcy. This year Anton Schleckerdie family villa in Ehingen to his wife Christa, Includinga tennis court. This early realization is not to be proved, soMartis.

Date Of Update: 28 November 2017, 12:02