Sapinda's Windhorst Has Assets Frozen Over Deal Failure

By Alex Davis (July 7, 2017, 3:38 PM BST) -- London's High Court issued a worldwide asset freezing order against German entrepreneur Lars Windhorst, co-founder of commodities investment firm Sapinda Group, after the businessman allegedly reneged on deals to buy more than €60 million ($68.3 million) in securities from Romanello Financial Corp.

After the court originally granted permission for the injunction on May 5, Judge George Leggatt then consented on June 29 to allow Romanello to enforce the order in jurisdictions across the world, including Germany, Hong Kong, Monaco, Switzerland and Jersey, according to documents seen by Law360 on Friday.

Romanello was awarded default judgment against Windhorst in March for €66...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections

Law Firms

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!