Court case exposes rift in Germany's secretive Aldi family

Legal Business

A court deferred ruling Thursday in a case that has exposed a rift within Germany's secretive Albrecht family, owners of the discount supermarket chain Aldi.

The dispute centers on the control over Aldi Nord, which operates in northern Germany and at least eight other European countries.

The widow of late patriarch Berthold Albrecht is contesting changes her husband made before his death in 2012 to the statutes of a family foundation that owns 19.5 percent of Aldi Nord.

A lower court sided with Babette Albrecht and her children, who are pitted against Berthold's brother, Theo Jr., and mother Caecilie Albrecht.

Germany's Manager Magazin recently estimated the Aldi Nord branch of the family's wealth at about 18 billion euros ($21 billion). The Schleswig court said the case would continue Dec. 7.

Related listings

  • Supreme Court rejects case over Mississippi Confederate emblem

    Supreme Court rejects case over Mississippi Confederate emblem

    Legal Business 11/28/2017

    The Supreme Court on Monday rejected hearing a case that challenges the use of Confederate imagery in the Mississippi state flag.Carlos Moore, an African-American attorney from Mississippi, argued that the flag represents "an official endorsement of ...

  • The Latest: Senate panel approves tax overhaul bill

    The Latest: Senate panel approves tax overhaul bill

    Legal Business 11/19/2017

    Vice President Mike Pence says "now the ball is in the Senate's court," after the House voted Thursday to approve a $1.5 trillion overhaul of the nation's tax code.At the Tax Foundation's 80th annual dinner in Washington, Pence said, "The next few we...

  • Trump choosing white men as judges, highest rate in decades

    Trump choosing white men as judges, highest rate in decades

    Legal Business 11/12/2017

    President Donald Trump is nominating white men to America's federal courts at a rate not seen in nearly 30 years, threatening to reverse a slow transformation toward a judiciary that reflects the nation's diversity.So far, 91 percent of Trump's nomin...

Business News

New York Adoption Lawyers Rosin Steinhagen Mendel is a law firm dedicated to serving our clients in New York City. >> read
Chicago Work Accident Lawyers at Krol, Bongiorno & Given have been a leader in the field of workers' compensation law. >> read