Overview
- French authorities had planned to auction the Geissens' Côte d’Azur hotel on April 25 to recover €7,015,469.99 in alleged unpaid taxes, penalties, and interest from 2010 to 2022.
- The Geissens filed an appeal on April 24, which indefinitely delayed the auction as the Draguignan appeals court reviews the case.
- The tax dispute centers on claims that the family improperly claimed tax advantages through their Luxembourg-based company, Whereland Real Estate SA, which owns the hotel.
- The appeals court’s decision on whether to reinstate the auction could take several months, leaving the family’s property rights in limbo.
- Despite the legal battle, the luxury hotel remains operational, continuing to accept bookings while the case is under review.