VIENNA, Jan 29 Reuters The troubled European Signa holding company is facing claims totalling 8.613 billion euros 9.32 billion, its courtappointed manager said on Monday, a figure that is 70 more than debts originally flagged last year when it filed for insolvency.

The insolvency manager, Christof Stapf, said that it had recognized only a fraction of the claims so far just 80.3 million euros and that many of the claims arrived without necessary supporting materials or late.

Signa is the biggest casualty so far of Europe39;s property crisis. It announced debts of around 5 billion euros when it announced its insolvency last year.

Talks are still ongoing over the sale of Signa39;s stakes in the Chrysler Building and its media holdings, Stapf said.

1 0.9248 euros

1 0.9240 euros

Reporting by Alexandra SchwarzGoerlich; writing by Tom Sims; editing by Matthias Williams

Source Reuters