Lars Windhorst Loses Fight With Tycoon Over €124 Million Loan Demand
- London judge calls financier’s evidence unsatisfactory
- Cruise ship tycoon demanded repayment on loan transactions
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German financier Lars Windhorst failed to stave off a demand for about 124 million euros ($146 million) plus interest he owes to a Monaco-based cruise ship tycoon, after a London judge called his evidence “unsatisfactory.”
The British lawsuit was brought by Manfredi Lefebvre d’Ovidio’s Heritage Travel and Tourism Ltd. -- an investor in Windhorst’s lingerie brand La Perla Fashion Holding. The firm said it was owed the money after Windhorst missed repayments he’d agreed under a prior settlement from February last year.