Overview

• The evidentiary phase began this week with an economic expert and insolvency administrator Max Liebig testifying on the collapse of Schuhbeck’s companies
• Liebig told the court that creditors have filed about €27 million in claims against eight of Schuhbeck’s entities, with only a low double-digit percentage likely to be repaid
• The prosecution moved to discontinue certain counts to reduce trial complexity and credited Schuhbeck for cooperating despite his terminal cancer diagnosis
• Under a plea agreement, Schuhbeck’s confession merges current charges with his 2022 tax-evasion verdict, setting a combined sentence of between four and four years and eight months
• His existing sentence remains suspended for medical treatment through mid-September and the court will deliver its final judgment on July 14