Judicial Liquidation Ordered for Ki Group srl, Formerly Led by Minister Daniela Santanchè: Bankruptcy Investigation Looming

Judicial Liquidation Ordered for Ki Group srl, Formerly Led by Minister Daniela Santanchè: Bankruptcy Investigation Looming

The bankruptcy court of Milan has ordered the judicial liquidation, i.e. the bankruptcy according to the old procedures, of Ki Group srl, one of the companies of the bio food group which was led by the Minister of Tourism Daniela Santanchè, who later left the corporate structure. The judges accepted the request of the Milan … Read more

Navigating the Pitfalls of Smart Devices: Consumers Left in the Cold by Bankrupt Companies

Navigating the Pitfalls of Smart Devices: Consumers Left in the Cold by Bankrupt Companies

NOS/Leen KraniotisA smart thermostat NOS Nieuws•vandaag, 08:37 Lamps, doorbells, heating, electric bicycles or solar panels. It is now the most normal thing in the world that you also need an app on your smartphone for this. But in recent months, several companies behind such a device have gone bankrupt, such as Van Moof and Thermosmart. … Read more

Juwelier Wieringa in Delfzijl Facing Bankruptcy and Customer Complaints

Juwelier Wieringa in Delfzijl Facing Bankruptcy and Customer Complaints

Delfzijl – In the year that the 110th anniversary was celebrated, Juwelier Wieringa in Delfzijl seems to have run into problems this week. The shutters of the building in Landstraat have not been open since Christmas. In addition to a physical store in Landstraat, there are also a number of web shops connected to the … Read more

Challenges for Dutch Restaurants as They Prepare for Christmas Dinners amid Continuing Pandemic Struggles

Challenges for Dutch Restaurants as They Prepare for Christmas Dinners amid Continuing Pandemic Struggles

ANPPreparations for Christmas dinner in restaurant NOS Nieuws•vandaag, 16:06 Roeland Müller Economics Reporter Roeland Müller Economics Reporter Dutch people are going out to eat again, including this Christmas. Yet many restaurants have barely recovered from the corona pandemic, according to research by ABN Amro. High costs of food and personnel reduce profits. More than half … Read more

Rudy Giuliani Files for Bankruptcy and Faces 136 Million Euro Damages: Trump’s Lawyer in Legal Trouble

Rudy Giuliani Files for Bankruptcy and Faces 136 Million Euro Damages: Trump’s Lawyer in Legal Trouble

ANPRudy Giuliani NOS Nieuws•vandaag, 20:13 Trump’s former lawyer and former New York mayor Rudy Giuliani has filed for bankruptcy. He was sentenced last week by an American jury to pay damages of approximately 136 million euros. By filing for bankruptcy, Giuliani wants to gain protection from creditors and have time to appeal the mega fine. … Read more

Will Elon Musk destroy the X platform and push it into bankruptcy? – Arabic 21

Will Elon Musk destroy the X platform and push it into bankruptcy?  – Arabic 21

Since his purchase of the global platform “X” (formerly “Twitter”), its American owner, Elon Musk, has been constantly arousing controversy after the exciting decisions he has taken since arriving at the platform’s management. In his latest controversial actions, Musk launched a scathing attack on advertisers boycotting the James Clayton, BBC technology correspondent in North America, … Read more

Standard & Poor’s adjusts Bahrain’s outlook to stable amid deficit concerns – CNN Economic

Standard & Poor’s adjusts Bahrain’s outlook to stable amid deficit concerns – CNN Economic

On Friday, Standard & Poor’s credit ratings agency revised the outlook for the Kingdom of Bahrain’s economy from positive to stable, indicating spending pressures that may push the fiscal deficit to a wider range than previously expected. According to Reuters, Standard & Poor’s maintained its rating at (B/B+) for Bahrain, and said it expects the … Read more

WeWork Requests Payment Deferment, Aims to Avoid Bankruptcy and Restart

WeWork Requests Payment Deferment, Aims to Avoid Bankruptcy and Restart

EPAA cyclist at a WeWork location in Paris NOS Nieuws•vandaag, 10:42 The internationally operating office rental company WeWork has requested a deferment of payment. The company, which was founded in 2010 in the United States, was estimated to be worth $47 billion in 2019. With a restructuring, WeWork hopes to avoid bankruptcy and make a … Read more

WeWork: Bankruptcy Filing and SoftBank Investment Losses

WeWork, a new startup backed by SoftBank, filed for bankruptcy protection in the U.S. court on Monday (6th). Due to WeWork’s poor operating model and poor financial health, the shared office empire WeWork collapsed due to huge debts and huge losses. , and became a black hole for SoftBank’s investment losses. Shared office operator WeWork … Read more

Bankruptcy of Hipp Catering Employment Agency in Heerlen due to Unpaid Payroll Taxes: Owner Marc Jaspers Shares Challenges Faced during Covid-19

Bankruptcy of Hipp Catering Employment Agency in Heerlen due to Unpaid Payroll Taxes: Owner Marc Jaspers Shares Challenges Faced during Covid-19

Marc Jaspers is the owner of the Hipp catering employment agency in Heerlen. He was declared bankrupt last week. “The recovery of payroll tax has proven to be a major problem for me,” says Jaspers. “For me, this also has to do with significantly changed circumstances.” With government support, Jaspers kept about 150 people on … Read more