A Dutch court has declared the Tennor Holding BV part of Hertha investor Lars Windhorst's bankruptcy.
A spokesman for the tax court in Amsterdam confirmed to the German press agency on Thursday that the judgment had already been made on November 2nd.
An insolvency administrator has been appointed.
"Bild" had previously reported on it.
Tennor is best known in this country because the company acquired 49.9 percent of the GmbH & Co. KGaA in the Bundesliga club Hertha BSC from investor Lars Windhorst in 2019 for 224 million euros. In July 2020, Tennor put another 150 million euros into the club, increasing its stake in Hertha BSC GmbH & Co. KGaA to 66.6 percent.
Tennor wants to take action against the decision of the Amsterdam court.
"We have appealed," said a spokesman.
The company is not insolvent.
Like all other investments, Hertha BSC is in no way affected by the court's decision.
It is assumed that the court will allow the objection.
"Tennor has reached an out-of-court settlement with the applicant," said the spokesman.
The company will generate a high profit in 2021 and will meet all obligations.
Lars Windhorst wrote on Twitter: "The Tennor Group and my group of companies are solvent."