Zwangsvollstreckung Gegen Docmorris
In short
A Dutch court has confirmed the seizure of assets belonging to the online pharmacy DocMorris. This action follows the company's failure to pay millions in fines imposed in Germany.
In plain words
DocMorris did not pay legal penalties in Germany for several years. Because of this, authorities used a court order to seize the company's bank accounts in the Netherlands.
A simple example
The German Pharmacists' Association sought to collect unpaid fines by targeting DocMorris's assets located in the Netherlands.
Why it matters
It shows that companies cannot easily avoid legal penalties by holding assets in different countries. It also highlights the ability of authorities to enforce German rulings across European borders.
Easy to mix up
Do not confuse this asset seizure with a standard bankruptcy or insolvency proceeding.
Sources
- Pfändung gegen DocMorris: Niederländisches Gericht bestätigt Vollstreckung
- Versand-Apotheke DocMorris wird gepfändet
- DocMorris zahlte Ordnungsgelder nicht. Nun bestätigt ein Gericht die Pfändung. Doch der Fall ist noch nicht endgültig entschieden.
- DocMorris: Gerichtsvollzieher pfändet Versand-Apotheke – wegen unbezahlter Strafen in Deutschland