Hans thulin orlando

They tend to deal more with institutional activities. Time will tell, but it would appear for now that Houtchens and Falconer became the owners just as that section of downtown is about to take off.

Bentall Corp. Meanwhile, rents throughout downtown rose last year and are expected to keep going up. He sold the Malone lumber mill in and moved the company to Seattle to invest in real estate. It bought the Camlin Hotel at Eighth Avenue and Pine Street in and bought a lot of vacant land in the s that it turned into parking lots. Vance's son George Vance took over the company in the s and ran it until his death in The company became Vance Corp.

Next it bought four hotels in other parts of the state and one in Hawaii. After George Vance died, his heirs sought to sell the company.

Hans Thulin and Scandinavian Development Inc. The Business Journal described Vance Corp. The company split in half in Thulin took the hotels except the Vance Hotel and Skanska became managing general partner for Vance Corp. The hotel side has evolved into WestCoast Hotels. By the fall of Nyckeln went bust, soon followed by a series of other finance firms and banks.

After negotiations with foreign companies controlled by Thulin, bankruptcy court trustees managed to bring much of the money home. Four claims from creditors remained unresolved, however, when the bankruptcies were finished in Over the years, as he fought court battles and fended off creditors, Thulin lived a wandering life, relocating to Seattle for a time and trying his hand at various business deals. In more recent years his official address has been in Belgium, but he has lived mainly in Stockholm.

The trusts in turn established a number of companies, all registered in the Cook Islands. Some of the money deposited in that account was used for real estate deals in Brazil and Spain, with transfers of cash frequently routed through accounts in BSI Bank in Switzerland. Their business plans were so intertwined that in early managers at TrustNet were not completely confident about who really had the right to represent the companies.

According to the documents, the account in Switzerland belonged to Northern Holdings Limited, a Cook Islands-based entity. The transfer came less than a year after a company owned by the Swedish government sued Thulin in a court in Stockholm.

The court ruled against Thulin in May , awarding the government million crowns. Records reviewed by Fokus extend only through the beginning of The documents suggest Hans Thulin was behind the two trusts and related companies until at least late When Fokus asked his former business partner, Setterberg, about his ties to Thulin, Setterberg was hesitant to go into detail. Despite the media groundswell, the Swedish government has stayed silent about whether it had reached an agreement with Thulin.

The magazine also tried again to reach Thulin for comment. Leif Holmkvist is freelance journalist in Stockholm who specializes in writing about media and politics. Donate today and help us inspire and cultivate a global community of reporters and readers who believe journalism can bring about positive change. All rights reserved. Privacy Policy Terms of Use. In previous media interviews, he has denied wrongdoing.