Vacansoleil Bankrupt: Travel Organization Faces Economic Crisis

Vacansoleil Bankrupt: Travel Organization Faces Economic Crisis

By our economics editors Sep 28, 2023 at 3:20 PM Update: 14 minutes ago The East Brabant court has declared Vacansoleil bankrupt, the travel organization reports. The bankruptcy follows the deferment of payment, which the company applied for on Tuesday. According to Vacansoleil, it is working on a solution for customers who are currently or … Read more

Rising Bankruptcy Rates: The Impact of Expensive Energy, High Interest Rates, and Corona Debt

Rising Bankruptcy Rates: The Impact of Expensive Energy, High Interest Rates, and Corona Debt

Sep 26, 2023 at 10:18 am Credit insurer Atradius expects that many companies will go bankrupt this year and next. As many as 52 percent more companies may go bankrupt by 2023. Companies are struggling with expensive energy, high interest rates and the corona debt they have to pay off. In 2021, 1,818 companies went … Read more

Delaware Judge Approves Sale of FTX Cryptocurrency Assets to Pay Creditors

Delaware Judge Approves Sale of FTX Cryptocurrency Assets to Pay Creditors

A Delaware district judge has ruled that bankrupt exchange FTX can sell its cryptocurrency assets to pay off creditors’ claims. This is reported by The Block. The company in August presented a plan to the court to “sell, stake and hedge” more than $3 billion in digital currencies. During the hearing, Judge John Dorsey approved … Read more

MS Romantika: Bankruptcy of Holland Norway Lines and Suspension of Eemshaven to Kristiansand Ferry Service

MS Romantika: Bankruptcy of Holland Norway Lines and Suspension of Eemshaven to Kristiansand Ferry Service

RTV NoordThe MS Romantika in the Eemshaven In association with RTV North NOS Nieuws•vandaag, 12:59 Holland Norway Lines will no longer sail from Eemshaven to Kristiansand in Norway. The shipping company has been declared bankrupt by the court, the curator confirms RTV North. From 2022 to last April, the MS Romantika, the ship of the … Read more

Big Bazar in Gouda Faces Bankruptcy Filings and Unpaid Debts: Suppliers Demand Over 1.8 Million Euros

Big Bazar in Gouda Faces Bankruptcy Filings and Unpaid Debts: Suppliers Demand Over 1.8 Million Euros

ANPA branch of Big Bazar in Gouda NOS Nieuws•vandaag, 20:21 Another three companies want to file for bankruptcy for Big Bazar. These are two suppliers who supply motor oil, among other things. They demand 150,000 euros from the company. An employment agency asks 30,000 euros because of unpaid temporary workers. Joost Konings, who assists a … Read more

Decrease in Bankruptcies in July: Statistics and Industry Analysis

Decrease in Bankruptcies in July: Statistics and Industry Analysis

The number of bankruptcies decreased in July, after the number of cases that went bust had only increased in the previous three months. According to Statistics Netherlands, 241 companies and institutions were declared bankrupt in July. That is 16 percent less than a month earlier. There was still an increase in June. Then 19 percent … Read more

Bankruptcy of Amsterdam Restaurant Le Garage – NH News Reports

Bankruptcy of Amsterdam Restaurant Le Garage – NH News Reports

ANP In association with NH News NOS Nieuws•vandaag, 17:44 The Amsterdam restaurant Le Garage has been declared bankrupt, reports NH News. More than thirty years ago, the establishment opened its doors under the leadership of TV chef Joop Braakhekke, who passed away in 2016. Although Le Garage’s website states that the business is closed for … Read more

Bankruptcy Update: 90 Creditors Officially Reporting to Trustee, Majority Private Customers

Bankruptcy Update: 90 Creditors Officially Reporting to Trustee, Majority Private Customers

Although the bankruptcy is still early, 90 creditors have already reported to the trustee, according to the bankruptcy report published this afternoon. Most of them are private customers. Incidentally, not only customers who have made a down payment, but also private individuals who are waiting for service or repair of equipment already delivered. 2023-07-20 18:42:20 … Read more

Fraudulent Actions and Deliberate Harm: Controversial Deals and Mismanagement Lead to Years of Prison for Visser

Fraudulent Actions and Deliberate Harm: Controversial Deals and Mismanagement Lead to Years of Prison for Visser

Former real estate giant Ger Visser has been sentenced to several years in prison for his involvement in fraud at Eurocommerce and his actions leading up to the company’s bankruptcy. Visser’s unethical behavior included selling his house for a mere one euro to a foundation owned by himself and his wife, granting his daughter ownership … Read more

“Urban Artist Bankruptcy Defends Against False Threat Allegations During Inspection”

“Urban Artist Bankruptcy Defends Against False Threat Allegations During Inspection”

After the arrest of the urban artist bankruptcy by simple threat during an inspection in Providencia, his lawyer, Antonio Guzmanpointed out to the media from the outskirts of the 19th Providencia Police Station that “Pailita did not encourage any type of threat or insult of any kind, these are facts that are flatly denied“. The … Read more