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Barcelona Court Orders Ex‑Celsa Chief Francesc Rubiralta to Repay About €7.19 Million

The appealable ruling targets variable pay from 2022–2023, reflecting the new owners’ broader effort to claw back funds.

Overview

  • A Barcelona commercial court on Wednesday ordered Rubiralta to return roughly €7,192,127.55 to Celsa, plus legal interest, over variable remuneration received in 2022–2023.
  • The judgment deems the bonuses “toxic,” citing disregard for the company’s interest and a breach of the duty of loyalty.
  • Celsa’s current owners stated the decision supports their misconduct claims, though the ruling is not final and can be appealed.
  • This case is the second of three actions launched by the creditor funds after taking control in autumn 2023; an earlier suit over €504 million in intragroup loans was dismissed.
  • A separate proceeding concerning an alleged payment of more than €20 million to a family-linked company remains pending before another Barcelona commercial court.