Signa Founder Benko Files for Personal Insolvency in Austria
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Rene Benko, the founder of the ailing Signa conglomerate, filed for personal insolvency at an Austrian court that was in the process of reviewing his personal finances.
Benko made the filing voluntarily, Norbert Wess, a lawyer for the businessman told Bloomberg by email, confirming earlier media reports by the Kronen Zeitung newspaper.