Peter Gillis has not yet received any money from the buyer of his holiday parks. That is what his lawyer says on Tuesday. The buyer has also not yet supplied the required information. This concerns, for example, the names of the financiers behind the takeover. Because the buyer does not meet his obligations, a penalty of 100,000 euros per day is now imposed on Tuesday.
Last Thursday, the judge decided that the buyer of the ten Dutch holiday parks of Gillis should fulfill his obligations from the signed purchase contract.
In February the parties concluded a deal that involves 185 million euros, but the buyer did not want to fulfill his obligations under the agreement due to a seizure of the parks by the tax authorities. Financiers had withdrawn as a result.
Because of a regulation with the tax authorities Gillis, the buyer was protected against the attachments, the judge ruled. The buyer or the financiers will not be bothered by this.
Three days
The buyer was given three days from the court to pay the purchase price and to provide information. For refusing this, the penalty payments can amount to 100 million euros.
During the hearing, the buyer stated that the financing for the takeover is complete. Three private financiers would be involved.
To do the parks, a lot has been done for a long time, because Gillis would commit fraud through the holiday parks and people lived there illegally. Eventually the locations had to close and the family had no view of reopening. Gillis was convicted of tax fraud last month and was sentenced to a year, of which six months were conditional.