Magnus Ditlev Roth Splits
Former Business Partner Accuses Roth of Fraud and Unfair Business Practices
Former business partner of Magnus Ditlev Roth, Christian Langkilde, has accused Roth of fraud, unfair business practices, and other wrongdoing in a lawsuit filed in Copenhagen’s Commercial Court.
Specific allegations in the lawsuit include that Roth promised Langkilde a 20% stake in their company, Ditlev Spirits, but never delivered on that promise. Langkilde also claims that Roth misled him about the company’s financial situation and that he was forced out of the company after Roth took control of it.
Roth has denied all of the allegations and has said that he will vigorously defend himself against the lawsuit.
Roth’s Success in the Spirits Industry
Magnus Ditlev Roth is a well-known figure in the spirits industry. He is the founder and former CEO of Ditlev Spirits, one of the world’s leading producers of aquavit, a Scandinavian spirit.
Roth has been credited with helping to revive the aquavit category and making it more popular around the world.
Details of the Split
Roth and Langkilde founded Ditlev Spirits in 2010. The company quickly became successful, and in 2017, Roth sold a majority stake in the company to the Danish beverage company, Royal Unibrew.
Roth remained as CEO of Ditlev Spirits until 2020, when he stepped down to pursue other interests.
Legal Proceedings and Roth's Response
Langkilde’s lawsuit against Roth was filed in Copenhagen’s Commercial Court in March 2022. The lawsuit is still in its early stages, and no trial date has been set.
Roth has denied all of the allegations in the lawsuit and has said that he will vigorously defend himself against them.
Conclusion
The lawsuit between Magnus Ditlev Roth and Christian Langkilde is a high-stakes legal battle that could have significant consequences for both men.
The outcome of the lawsuit could also have a significant impact on the spirits industry, as it could raise questions about the business practices of some of the industry’s leading players.
