The Czech carrier Leo Express ended up on a long-distance railway in Germany. FlixMobility has terminated a contract with a German subsidiary of the Czech carrier for the operation of trains between Berlin and Stuttgart. According to the Czech company, the Germans owe it several million euros and declare the termination of the contract illegal, … Read more
Currently, 71 complaints have been dealt with and infringements have been detected in almost 30% of cases. – The Service pointed out that in 23 cases the administrator had violated the requirements of regulatory enactments, and more often the violations found within the complaints are related to non-evaluation of the debtor’s transactions and failure to … Read more
After 13 years of legal dispute, the auto company Ford and its now insolvent Thuringian ex-supplier Mitec have reached a settlement. Mitec founder Michael Militzer and a regional representative of IG Metall confirmed one on Sunday Report of the “Welt am Sonntag”. According to Militzer, it is about ten million euros that Ford will pay … Read more
– Maredo The steak house at Hackescher Markt in Berlin will be closed forever. – (Photo: image source) – – – – Düsseldorf The Maredo gastronomy chain is forced to permanently close 13 of its 35 steakhouses. “The 13 restaurants had already recorded declining customer numbers before the outbreak of the corona crisis and were … Read more
The business crime at the insolvent Wirecard group goes into the next round: Apparently the ex-board member Jan Marsalek hired actors who are said to have deceived the auditors. It’s about a billion dollar sum. The entanglements of the former Wirecard– Board member Jan Marsalek apparently go much further than previously known. He is even … Read more
Wigan Athetic jersey – illustration photo | photo: AP – Wigan announced insolvency less than a month after the club was taken over by a consortium led by Hong Kong businessman Au Yeung Wai Kay. Currently, the fourteenth team of the table will be deducted 12 points at the end of the season if they … Read more
The department store group Galeria Karstadt Kaufhof has to flee under a protective shield. Every third department store will close. Around 50 of 50 branches remain in the delicatessen division. But there could be more. The union Verdi has agreed with Karstadt Feinkost GmbH on a social wage agreement. “At least 26 branches have been … Read more
BerlinThe Charlottenburg S-Bahn station was once a hectic place when the masses were still making a pilgrimage to Wilmersdorfer Strasse, the very first pedestrian zone in Berlin with its many department stores. But nowadays fewer people get off the train at noon than beggars sit in front of the station. No trace of rush. At … Read more
Difficult search for investors in bankruptcy Bankruptcy administrator Holger Leichtle was looking for an investor for the two plants on the Kindel and in Witzenhausen in Hesse for around nine months. The starting position was difficult: a company that mainly produces engine parts for classic combustion engines had to survive the structural change towards electromobility. … Read more
Next chapter in the crime thriller about the insolvent Dax group Wirecard. An ex-board member is said to have fled to China. The public prosecutor’s office is investigating. A key figure in the billionaire scandal surrounding the bankrupt Dax Corporation Wirecard may be in China. At least that’s what Filipino officials say. According to data … Read more