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Monthly living expenses reported by Schuhbeck at 1138 euros

Business Trial in Munich Unveils Alfons Schuhbeck's Management Practices and His Allegations of Misleading Counsel, Alongside Prosecutor's Actions

Monthly Living Expenses of Schuhbeck: 1138 Euros
Monthly Living Expenses of Schuhbeck: 1138 Euros

Monthly living expenses reported by Schuhbeck at 1138 euros

Prominent Michelin-starred chef Alfons Schuhbeck finds himself in a severe financial crisis, a situation that has now reached the courtroom. His financial disaster, estimated to be in the millions, has led to insolvency for several of his companies [1].

The affected businesses and their status are as follows:

| Company | Focus | Status | |-----------|-----------------|------------------| | Orlando | Dining | In Insolvency since 2017 | | Partyservice | Event Catering | Insolvent | | Platzl-GmbH | Restaurant | Liquidated | | Kochschule | Training | Closed |

Over 100 creditors – including suppliers and public institutions – are waiting for overdue payments, which, according to Insolvency Administrator Max Liebig, are highly unlikely to be paid [1][4]. The prosecution is also investigating whether public funds were misused, which further complicates Schuhbeck's legal and personal predicament [1][4].

The insolvency and the accompanying charges, including accusations of subsidy fraud, have not only affected his businesses but also his personal financial situation. Schuhbeck now lives on a monthly pension of approximately €1,138, an amount that barely covers his basic needs [3][5].

In the trial, Schuhbeck confessed to the charges and provided an explanation of his financial situation [6]. However, friends' contributions are not enough to cover his expenses [7]. Schuhbeck is terminally ill with cancer and is receiving treatment outside of prison [8].

The prosecution requested the suspension of proceedings for some offenses to streamline the process, acknowledging that Schuhbeck is undergoing this procedure despite his health condition [9]. The suspension of Schuhbeck's prison sentence for health reasons applies until mid-September [10].

Schuhbeck's lawyers stated that he is terminally ill with cancer [8]. If no contradictions arise during the trial, Schuhbeck can expect a sentence of between at least four and a maximum of four years and eight months [11]. The Munich I Regional Court sentenced Schuhbeck to three years and two months for tax evasion in 2022 [12].

Schuhbeck's brother pays for his health insurance, but he is behind on rent for his apartment, which costs €4,800 a month [7]. The prosecution has charged Schuhbeck with delaying insolvency and fraud with corona aid [4]. The legislature provides for a retroactive calculation of a total sentence if the offenses could also have been charged in the first trial [13]. Schuhbeck claims to have followed the advice of his former tax advisor [14].

In conclusion, the insolvency proceedings and legal accusations against Alfons Schuhbeck have significantly worsened his financial situation. His once successful gastronomy businesses are largely liquidated or insolvent, and his personal debts amount to millions, pushing him into a precarious economic situation [1].

What about his financial troubles in the business world? Alfons Schuhbeck's once thriving dining company, Orlando, has been in insolvency since 2017, and several of his businesses are either liquidated or insolvent.

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