About fifty
FNG bondholders are going to court: they are suing both the fashion company and the three founders, who would have deliberately deceived them.
Not the mother but a distant daughter
A group of displeased FNG bondholders is suing the company itself and founders Dieter Penninckx, Anja Maes and Manu Bracke. Belgian newspaper De Standaard reports. After its bankruptcy over the summer of 2020, the many bondholders were left empty-handed, while, in the meantime, there is talk of a second relaunch at the top.
According to the bondholders, there was deliberate deception at play: the structure of FNG seems to have been set up in such a way that the fashion group, formerly owner of