When Eurolinx went down I did some online research and found interesting information. Just throwing it out there, maybe it can help!
From the old Eurolinx site (
http://web.archive.org/web/200708171...ction=about_us)
http://eurolinx.com is owned by:
Eurolinx International NV
P.O. Box 6052
Curacao
Netherlands Antilles
It is operated by same through an exclusive agreement with:
Eurolinx Ltd
Vincenti Buildings
Suite 406
14/19 Strait Street
Valletta Malta
A bankruptcy report was filed for the company "Eurolinx International NV" on december 3, 2009.This is the report, also available here:
http://www.ekvandoorne.com/en/bankruptcies
*****
BANKRUPTCY REPORT
Bankruptcy report number 1 of the trustee of
Eurolinx International N.V.
3 December 2009
Company name : Eurolinx International N.V. (Eurolinx)
Bankruptcy reference : E.J.F. 17/2009
Bankruptcy date : 11 September 2009
Trustee : Mr. R.F. van Beemen (the Trustee)
Supervisory judge : Mrs. A.M.P. Geelhoed
Activities Company : The purpose of the corporation was to provide off-shore games of
chance and wagering through the internet in compliance with the
regulations of the Government of the Netherlands Antilles. This service
was rendered from an area that has been designated as an E-zone in
conformity with the local E-zone law.
Turnover data : The result after taxes according to the draft annual accounts 2009 (as of
17 August 2009) shows a loss of USD 22,310
Reporting period : 11 September 2009 up to and including 2 December 2009
Total hours spent to date : 32.7
1. General
This is the first bankruptcy report of the Trustee regarding the bankruptcy of Eurolinx.
1.1 Eurolinx is a limited liability company, incorporated on 9 January 2007 under the laws of the
Netherlands Antilles. It has its statutory seat in Curacao, Netherlands Antilles and its business
address is Emancipatie Boulevard 29, Curacao, the Netherlands Antilles. Eurolinx is registered
under number 101082 (0) in the Commercial Register in Curacao.
E-Management N.V., a professional trust and management firm, was the last known managing
director of Eurolinx (the Former Managing Director). According to the stockholders register of Eurolinx, Mr. R. Eidem was the sole shareholder of this company.
1.2 Due to the fact that Eurolinx did not fulfill or could not fulfill its (financial) obligations
towards Mr. E. Kesselman and Mr. R.D. Fellner, on 6 August 2009, they filed a petition for
bankruptcy with the Court of First Instance in Curacao (the Court). On 11 September 2009
the Court adjudicated bankrupt Eurolinx, appointing Ms. A.M.P. Geelhoed as supervising
judge in charge of the bankruptcy and Mr. Robert F. van Beemen as trustee.
2. Assets and Liabilities
2.1 The Trustee has not found any funds on bank accounts in Curacao or outside Curacao nor did
he find any liquid assets. According to information and documents provided by the Former
Managing Director Eurolinx is the sole shareholder of BetonBet Technology AS, a limited
liability company organized and existing under the laws of Norway and majority shareholder of
Eurolinx Limited, a private limited liability company organized and existing under the laws of
Malta (together: the Subsidiaries). According to the draft balance sheet, dated 17 August
2009, the total amount of these participations is USD 457,400.
2.2 Up to date there are two creditors whom are known to the Trustee:
a) Mr. E. Kesselman – USD 79,558.81
b) Mr. R.D. Fellner – USD 54,446.18
2.3 With regard to the Subsidiaries, the Trustee has been informed that there might be funds in certain bank accounts and/or other liquid assets in Malta and/or Norway. As the respective
banks are not willing to cooperate with the Trustee, he has to engage a lawyer and/or other
advisers in Malta and/or Norway, in order to get access to these bank accounts or at least to
be provided with more information about the (potential) funds in these bank accounts.
However, due to lack of finance the Trustee is not able to further investigate the potential
assets and/or the liquidation of the Subsidiaries and to engage lawyers and other advisers in
Malta and Norway.
2.4 On 5 January 2009, Eurolinx entered into an option agreement with Mr. J.A. Lervik and Mr.
S.E. Larsen to the effect that Lervik and Larsen granted Eurolinx an option to purchase the
shares in the capital of Alpine (Malta) Ltd., a limited liability company organized and existing
under the laws of Malta. The Trustee will terminate this agreement by a written notice to Mr.
J.A. Lervik and Mr. S.E. Larsen.
3. Continuation
The continuation of Eurolinx in moratorium or in bankruptcy was not an option.
4. Accounting obligation
The Trustee has been provided by the Former Managing Director with i) the draft annual
accounts as per 31 December 2007; 31 December 2008 and 17 August 2009; ii) various
agreements; and iii) other corporate documents related to Eurolinx and the Subsidiaries.
5. Annual Accounts
The Former Managing Director has prepared written annual accounts with regard to the
financial years 2007, 2008 and 2009. However, these annual accounts are draft versions and
have not been audited nor have the annual accounts been approved by the general meeting of
shareholders.
6. Improper management
The Trustee will further investigate the manner in which the Former Managing Director has
fulfilled his duties.
7. Fraudulent acts in respect of creditors
The Trustee will further investigate whether fraudulent acts (paulianeus handelen) have been
committed.
8. Miscellaneous
This bankruptcy report is available for inspection at the Court of First Instance of the
Netherlands Antilles, venue Curacao.
*****
As you can read in the report, E-Management N.V., a professional trust and management firm, was the last known managing director of Eurolinx. According to the stockholders register of Eurolinx, Mr. R. Eidem was the sole shareholder of this company.
E-Management N.V. As you can read in the report is/was located next door to Eurolinx. When you Google for this company, you will get to this website:
www.emanagement-group.com. This company also has a division in Malta and is involved in e-gaming. Also, you will see on their site that they have divisions such as HBM Group and New Haven e-Zone which are next to or in the same building as Eurolinx International N.V. was.
I have e-mailed the trustee mentioned in the report last year to let him know Eurolinx were enganged in a poker scandal and to ask if any progress was made, but he never responded.
Many interesting questions arise, like who are the creditors Kesselman and Fellner, why are the banks that supposedly have funds from Eurolinx not cooperating, did the trustee find any money yet to get lawyers..etc.
Last edited by sl23nl; 02-15-2011 at 04:00 PM.
