First public auction to sell the enforcement rights over judgement debt of Manfredi Lefebvre held online on 26 February 2021

Estimated Value: € 4,221,346.98 (as of 31st December 2020)
Base Offer: € 2,800,000

Attel Finance S.A., a public limited company governed by Luxembourg law, domiciled for the purpose of such auction at Schweiger Advokatur/Notariat, Dammstrasse 19, 6300 Zug, Switzerland (the “Company”) is a judgment creditor of Mr. Manfredi Lefebvre d’Ovidio, in respect of a substantial loan made by the Company’s subsidiary, Attel & Cie. SA.

The court judgment against Manfredi Lefebvre d’Ovidio was awarded by the Rome Supreme Court of Cassation (nr. 24855/2006 Attachment 1 and 2) and is internationally enforceable. The courts found against him at every stage of the proceedings (Att. 3).

The Company intended (and still intends) to sell such enforcement rights by way of a public auction which took place online on 26 February 2021. We, Norton Accountancy Ltd., organised and managed such first auction. All offers were received by Schweiger Advokatur/Notariat, Dammstrasse 19, 6300 Zug, Switzerland by way of electronic communication addressed to: hrwild@schweigerlaw.ch.

Mr. Lefebvre d’Ovidio has so far failed to pay the entirety of his debt to the Company. We and our predecessors in title have been able to seize € 712,106.36 of his personal assets. We are now pursuing him internationally for the balance of the judgment debt which, as of the 31st December 2020, amounted to €4,221,346.98 including interest and costs since the judgment date.

On our application, the Tribunal of Monaco has issued a freezing order (Att. 4) at 4 banks in Monte Carlo, Monaco where Lefebvre d’Ovidio resides. Simultaneously we have started separate legal actions in various other jurisdictions (including Luxembourg, Switzerland, the UK, the US, and Italy – Att. 5 & 6), under both civil and criminal procedures, seeking the same result.

Signed

Norton Accountancy Ltd.
G. Norton
General Partner