Diana Hunting Tours Purchased From Bankruptcy


Published: December - 2008

Last month, we told you that Diana Hunting Tours was on the brink of bankruptcy. Then, only days after we went to print with the November issue, we sent out an E-mail Extra Bulletin announcing that the company had closed its doors and telling hunters who lost their deposits how to apply for a refund from the Danish Travel Guarantee Fund. (See the November 3rd E-mail Bulletin posted to the home page of our web site.) Two weeks later, we received word that the company's founder, Jan Krossteig, had resurrected the company, purchasing its immaterial assets from bankruptcy and reopening the agency's doors.

"Diana's image has been somewhat damaged," says Krossteig, "but we are looking forward to getting Diana back on course." Krossteig, who founded Diana in 1974 and originally sold it 10 years ago, has bought the company's name and its partnership contracts with hunting districts in more than 40 countries. What does that mean to hunters who lost deposits when Diana went belly up under its last owner? Well, because the purchase does not include the liabilities of the company, Krossteig is not responsible for those losses. The good news is that they are covered by the Danish Travel Guarantee Fund, a private, independent institution created under Danish law to provide assistance to Danish travelers affected by the bankruptcy of a tour operator. The fund extends that assistance to anyone who purchased a travel package from Diana Hunting Tours, no matter what their citizenship. We have that from the fund's chairman of the board, thanks to Editor-In-Chief Steen Andersen at HuntersMagazine in Denmark, who confirmed the information for The Hunting Report. Furthermore, Krossteig's staff will help any hunters with a valid claim in filling out their application to the Fund and can also arrange for a replacement trip. Refunds also include fees for trophies taken and paid for by Diana clients but never shipped due to lack of payment by the agency.

As we've mentioned elsewhere in these pages, Krossteig is also owner and founder of Limpopo Travel, which specializes in hunting and tourism safaris to Africa,........(continued)

 
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