The Payments Group Holding Secures Legal Victory Against SGT Beteiligungsberatung

The Payments Group Holding (PGH), a Frankfurt-based company, achieved a legal win over SGT Beteiligungsberatung GmbH (SGTBB) at the Landgericht Frankfurt am Main. The court ordered SGTBB, part of SGT Capital Group, to repay PGH 200,000 EUR plus interest. This repayment relates to a loan agreement initially established between SGTBB and TGS24 Capital Pte. Ltd., later assigned to PGH.

SGTBB attempted to evade repayment through unfounded counterclaims, disputing the loan's validity and the authenticity of the agreement. However, the court found these claims irrelevant. Additionally, PGH maintains further financial claims totaling over 7.2 million EUR against SGT Group, which it believes are enforceable.

This legal outcome strengthens PGH's position, undermining SGTBB's recent allegations against PGH’s management. The ongoing legal proceedings underscore the complex financial entanglements between the parties.