The leading online auction house is closing its doors
Auctionata Paddle8 AG was the leading online platform for art & luxury collectibles until the end of the business, attracting more than 800,000 customers worldwide.
From its beginnings in 2012, the company offered over 700 curated livestream auctions and a dedicated online shop with more than 25,000 objects from more than 14 categories. This was all delivered through a specially developed online platform for private consignors, business partners and buyers from the international luxury segment.
The vision of the company was the digitization of the auction business and the establishment of a leading global online market for art and luxury. By December 2016, Auctionata Paddle8 AG was one of the ten largest auction houses worldwide.
We would like to thank all of our customers, partners and everyone involved in Auctionata Paddle8 AG for everything they gave to the business. Auctionata Paddle8 AG closed down in April 2017. For further information, please see below.
Information about insolvency proceedings of Auctionata Paddle8 AG
Dear Sir or Madam,
by order of March 1, 2017 the Local Court of Charlottenburg has opened insolvency proceedings over the assets of Auctionata Paddle8 AG. Attorney-at-law Christian Graf Brockdorff has been appointed as insolvency administrator. The corresponding decisions can be found under the heading "Decisions".
The insolvency debtor has discontinued the operational business with regard to consignor goods. Auctions or shop sales of consignor goods will no longer take place. On the contrary, the objects in the immediate possession of the debtor are to be made available to the consignors again. Initial information can be found under the heading "Information for Consignors".
As far as any auctions and/or shop sales occur, these will only include property of Auctionata Paddle8 AG.
All known creditors will be contacted and informed about the possibility of filing their claims immediately. Unknown creditors not receiving a notice still may register their claims. Registrations shall be sent to the insolvency administrator by June 2, 2017:
Attorney-at-law Christian Graf Brockdorff
As insolvency administrator over the assets of
Auctionata Paddle8 AG
Claims filed with the insolvency debtor have no effect.
Please understand that individual inquiries cannot be (promptly) answered in all cases. General information is regularly published on this website. Creditors of Auctionata Paddle8 AG may search documents at the Local Court of Charlottenburg. Since the first creditor's meeting has taken place on April 26, 2017 (see the opening decision of the Local Court of Charlottenburg), the administrator's reports as well as personal information on the state of the verification of filed claims can be obtained via a creditor information system (GIS) at the website www.bbl-law.de/gis. Access to the GIS is only granted by means of an individual PIN which is sent to the individual creditor soon.
Christian Graf Brockdorff