insolvency

Money was deliberately diverted from Mamut to other Unicorn companies, the investigation showed. Kovář – Novinky also invoiced him

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Money was deliberately diverted from Mamut to other Unicorn companies, the investigation showed. Kovář – Novinky also invoiced him

According to the company Plus4U from the Unicorn group, so-called forensic report it does not contain new fundamental results and usually only repeats already known and published facts or half-truths. “Its findings are conjecture and speculation, and despite the efforts of its creators, it does not confirm any illegal activities by Unicorn group companies. Plus4U … Read more

Operators had taken out an extra loan – German ski resort insolvent | Regional

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Operators had taken out an extra loan – German ski resort insolvent | Regional

In the Homberg ski resort in Winterberg-Züschen (North Rhine-Westphalia), not only the snow but also the coal has melted away. The operators Jan and Nina Homann had to file for bankruptcy. The “Sauerlandkurier” reports on this. The couple started out in February 2022 with big goals: Not only did the Homanns want to operate the … Read more

Current figures – Companies are filing for significantly more insolvency proceedings – Economy

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Current figures – Companies are filing for significantly more insolvency proceedings – Economy

In total, more than 10,000 employees were affected by the insolvency of their company between January and May. According to statisticians, this number is likely to be even higher in reality, as jobs are often cut before insolvency proceedings begin and the number of employees is not known in all cases. The creditors’ expected claims … Read more

Photo company Studioline from Kiel files for bankruptcy

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Photo company Studioline from Kiel files for bankruptcy

The photo studio chain Studioline is more than 110 years old. Now the company is filing for bankruptcy. The Studioline Group, which is represented in Germany with around 80 branches in the studio portrait photography sector, has filed for bankruptcy. This was reported by the insolvency portal “Indat” among others. The main companies, Studioline Photostudios … Read more

Liberty selected an organization linked to Kazakhstan as a substitute of billionaire Strnad

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Liberty selected an organization linked to Kazakhstan as a substitute of billionaire Strnad

After a couple of months, the bankrupt Liberty Ostrava smelters ended the negotiations on financing the operation of the pipe mill and rolling mill with the corporate Vítkovice Equipment Commerce from the CE Industries group of billionaire Jaroslav Strnad. As a substitute, the metal mill surprisingly agreed on financing with Donquixote. This follows from the … Read more

Corporate Bankruptcies in Lower Saxony Economy Soar in 2023: 17.4% Increase and 14,000 Jobs at Risk

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Corporate Bankruptcies in Lower Saxony Economy Soar in 2023: 17.4% Increase and 14,000 Jobs at Risk

Hanover (dpa/lni) – The number of corporate bankruptcies in the Lower Saxony economy has risen significantly. In 2023 there were 202 more applications to open insolvency proceedings than in the previous year. This corresponds to an increase of 17.4 percent, the State Office for Statistics in Lower Saxony (LSN) announced on Monday. 1,366 companies submitted … Read more

Düsseldorf Luxury Department Store “Carsch-Haus” Faces Uncertain Future as Construction Halted

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Düsseldorf Luxury Department Store “Carsch-Haus” Faces Uncertain Future as Construction Halted

Düsseldorf – First the Elbtower, now the Carsch House? The traditional “Carsch-Haus” was actually supposed to reopen in Düsseldorf in spring 2025. It would then be the fourth luxury department store of the KaDeWe Group, which also includes the shopping temple of the same name in the capital. But then the Signa bankruptcy (49 percent … Read more

Case ASK-BSC Bruck – Now it is clear: ASK-BSC Bruck is insolvent

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Case ASK-BSC Bruck – Now it is clear: ASK-BSC Bruck is insolvent

There is a new development in the case surrounding the outstanding claims for player fees against ASK-BSC Bruck an der Leitha. The regional court in Korneuburg has now made a decision, paving the way for the next steps. Background: Last year, numerous players took the former regional league team to court in order to get … Read more

Wirecard Insolvency Administrator Seeks Billions in Lawsuit Against Auditor EY

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Wirecard Insolvency Administrator Seeks Billions in Lawsuit Against Auditor EY

Lawsuit against auditor Wirecard insolvency administrator demands a lot of money from EY December 29, 2023, 4:49 p.m. Listen to article This audio version was artificially generated. More info | Send feedback Wirecard insolvency administrator Michael Jaffe is trying to get as much money out of it as possible for the creditors of the insolvent … Read more

The fear of an epidemic of bankruptcies has not come true, there are half as many bankruptcies as ten years ago – News

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The fear of an epidemic of bankruptcies has not come true, there are half as many bankruptcies as ten years ago – News

According to the turnover, the largest company that declared bankruptcy in November is the company Vitrablok, s.r.o., which focused on the production and processing of glass in Duchcov, popularly known as Luxfera. “This is already the second insolvency. In the past five years, the company has reported a profit once. The year 2021 and the … Read more