the questionWhy did OGH reject the founder-rights claim, and what did it leave undecided?
1The amendments challenged
analysisThe administrator in René Benko’s personal insolvency sought a declaration that parts of amendments to a private foundation’s deed and supplementary deed were void as sham transactions. The primary challenge concerned 24 March 2010 amendments, especially the exercise of reserved founder rights; an alternative challenge concerned amendments of 8 August 2013. OGH’s public release anonymises the foundation as L***-Privatstiftung and the defendant as a co-founder. The identification with Laura and Ingeborg comes from separate retained accounts, not the anonymised court release alone. 1 2 3 4 5 6
documentedOGH judgment 17 Ob 13/25y of 15 December 2025, explained in its 16 January 2026 release, rejected the administrator’s appeal in a claim challenging 2010 and alternatively 2013 amendments to L***-Privatstiftung’s founder-rights rules. The foundation had not been made a party, so all directly affected persons were not bound by the proposed declaratory judgment. 1 2 3 4 5
- qualification
- OGH expressly decided only this procedural defect. It did not decide whether the amendments were sham transactions, whether a relative was a nominee, or other ways to reach foundation assets. The official release anonymises the foundation and co-founder; identifying them as Laura and Ingeborg depends on separate retained reporting.
attributedA June 2024 account describes the personal-insolvency administrators’ suspicion that Ingeborg Benko exercised founder and beneficiary roles in Laura and INGBE as a nominee for her son, and reports a claim seeking to restrict her founder rights. 5 1 6 3 4
- qualification
- Neither outcome should be described as a merits determination that all assets are beyond creditors’ reach or that the nominee allegation is proven.
- response
- Benko’s side disputed that INGBE money belonged to him.
- outcome
- The Austrian founder-rights claim was dismissed on procedural grounds, affirmed by OGH in December 2025 without deciding nominee status. A separate Liechtenstein interim restriction was lifted in June 2026, with further recourse available.
sources in this section
- Supreme Court explanation of founder-rights judgment 17 Ob 13/25y Supreme Court of Austria · 16 Jan 2026
- Media source · s-d244 identified by category only · Media
- Media source · s-d47 identified by category only · Media
- Media source · s-d53 identified by category only · Media
- Media source · s-d249 identified by category only · Media
- Media source · s-d186 identified by category only · Media
2Why the parties to the case mattered
analysisOGH explained that a declaration about the effectiveness of a foundation-deed change directly affects several parties: those changing the deed, the foundation whose legal basis changes, and those whose rights and obligations change. The court required all directly affected parties to participate so they would be bound by the result. The administrator sued the co-founder but did not direct the claim against the foundation itself. OGH therefore found the necessary declaratory interest absent and, on 15 December 2025, refused the appeal in 17 Ob 13/25y. 1 2 3 4 5
sources in this section
- Supreme Court explanation of founder-rights judgment 17 Ob 13/25y Supreme Court of Austria · 16 Jan 2026
- Media source · s-d244 identified by category only · Media
- Media source · s-d47 identified by category only · Media
- Media source · s-d53 identified by category only · Media
- Media source · s-d249 identified by category only · Media
3The issues left open
analysisThe court’s 16 January 2026 explanation is explicit about scope: this was exclusively a procedural result. It did not decide whether the amendments were sham transactions, whether a relative acted as a nominee or whether another route could reach foundation assets in a founder’s insolvency. Describing the result as a merits victory on all foundation-control allegations would go beyond the judgment; describing the alleged arrangement as judicially proven would do so as well. 1 2 3 4 5
analysisThe Austrian judgment also differs from the June 2026 Liechtenstein outcome involving INGBE. The latter lifted an interim asset/founder-right restriction and allowed further recourse. Benko’s side argued INGBE’s money was not his, while the administrator disputed it. The two proceedings involved different foundations and procedural measures, so neither outcome supplies a universal answer about every family foundation. 5 1 6 3 4
attributedA June 2026 account of the Liechtenstein appellate ruling reports reversal of an interim Ingbe freeze of about CHF 50 million and restoration of Ingeborg Benko's exercise of founder rights. Grabenweger was ordered to pay about CHF 317,000 costs, CHF 164,000 to the foundation and CHF 153,000 to Ingeborg, with further appeal possible. 6
- qualification
- The June appellate ruling lifted an interim measure and allowed further appeal; it does not determine final ownership or resolve every creditor-access argument.
- response
- Benko’s side said the foundation’s assets were not his; the administrator disputed that position.
- outcome
- The interim freeze was lifted, with costs imposed and a further Liechtenstein appeal possible.
sources in this section
- Supreme Court explanation of founder-rights judgment 17 Ob 13/25y Supreme Court of Austria · 16 Jan 2026
- Media source · s-d244 identified by category only · Media
- Media source · s-d47 identified by category only · Media
- Media source · s-d53 identified by category only · Media
- Media source · s-d249 identified by category only · Media
- Media source · s-d186 identified by category only · Media