Battle for a legacy - Trends-Tendances sur PC

Battle for a legacy – Trends-Tendances sur PC

Two sisters fight over the millions left by Willy Michiels, a peasant son for a long time king of gambling in Flanders.

Willy Michiels had not studied but always knew how to identify the right niches. He began by installing jukeboxes in cafes, then much more profitable slot machines. MadrĂ©, he financed beginner cafe owners through his own credit company, so that in the event of bankruptcy, the real estate returned to him. A time mayor of the municipality of Haa…

Willy Michiels had not studied but always knew how to identify the right niches. He began by installing jukeboxes in cafes, then much more profitable slot machines. MadrĂ©, he financed beginner cafe owners through his own credit company, so that in the event of bankruptcy, the real estate returned to him. A time mayor of the municipality of Haaltert, he did not pursue this path because of an old case of tax evasion, but the local football stadium still bears his name. Flamboyant, he adored boats, horse-drawn carriages and luxury cars, notably offering himself a Mercedes-Maybach G650 Landaulet for his 24th birthday, at the end of the highest bid (1.2 million euros) ever launched in our country for this kind of vehicle. He was also the founder of Napoleon Games, a company sold in 2021 to the Unibet group which operates, in particular, the Knokke casino. Part of the family’s real estate assets is housed in FICO (Flanders Investment Company), among others owner in Brussels of the Alhambra building, built on the site of the former theater of the same name. Seated in this society are two sisters whose understanding is so cordial that one does not show up when the other is there and vice versa. At the origin of the problem: the preference marked by the patriarch for Mieke, his eldest, after the death of Lieve, the youngest, to the detriment of Veerle the youngest. The interference, real or supposed, of the in-laws obviously does not help matters. Especially since there were, registered in the books of 2020, two enormous current accounts, one of 37 million euros in the name of Willy Michiels, now in joint possession, the other of 50 million euros in the name of Veerle that the company is in the process of repaying by selling part of its real estate, still recorded at more than 130 million euros at the end of 2021.

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