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Bankruptcy Court: Hesalight-founder’s director contract is invalid, reports

February 14, 2017

February 14, 2017, By Nicolaj Vorre and Mads Meisner
Lars Nørholt’s contract with Hesalight was stamped invalid, accordingly he is going to repay million bonus. An internal mail correspondence puts further strain on him in the case
A conflict about Lars Nørholt’s direcctor contract in Hesalight…

Caption: Lars Nørholt (seen from behind) was founder, main owner and CEO at Hesalight. Here at an event at the old stock exchange in Copenhagen.


FACTS Lars Nørholt’s decline
February 14, 2017

On November 18 Hesalight went bankrupt. Lars Nørholt was the company’s founder, main owner and CEO

Same day Danish Serious Fraud Office searched Hesalight’s headquarters and Lars Nørholt’s home. Nørholt was charged.

In December curator at the bankruptcy estate claimed…

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Lars Nørholt tainted by mail in Mallorca-case, reports

February 14, 2017, by Nicolaj Vorre and Mads Meisner

A mail indicates that Lars Nørholt spent money from his company Hesalight buying a house at Mallorca
Simultaneously the bankruptcy Court stated, that this is indeed the case. Nørholt remains silent

Several mails reveal Hesalight-founder Lars Nørholt’s buying…

Caption: Lars Nørholt paid about 40 million DKK for this house in the seaport Port d’Andratx. According to court documents the house is up for sale.


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