Particle.news

Download on the App Store

Insolvent Retailer Midoya Still Taking Orders as Founders Launch New Company

Customers report long-delayed refunds despite confirmed returns.

Viele Kunden ärgern sich über den Service des Online-Shops (Symbolbild).
Image

Overview

  • Insolvency proceedings began on 11 August, yet the Midoya website continues to accept orders.
  • Founders Colin Singh and Max Gaas have set up GS Home & Holiday GmbH with €25,000 in capital to offer short‑term furnished rentals, according to Hannoversche Allgemeine as cited in reports.
  • The insolvency administrator says only five employees remain after workforce reductions from about 30 staff, exceeding an 80 percent cut.
  • Multiple reviews describe months-long waits for repayments after confirmed returns, and at least one customer says a 10 percent voucher was offered instead of a refund.
  • Public complaints are growing on Trustpilot and in a Facebook group, and under German insolvency rules affected buyers must register claims with the administrator.