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insolvency

Signa Holding faces claims of $9 billion – insolvency manager

January 29, 2024January 29, 2024
Signa holding faces claims of $9 billion - insolvency manager - photo licensed by shore news network.

VIENNA (Reuters) – The troubled European Signa holding company is facing claims totalling 8.613 billion euros ($9.32 billion), its court-appointed manager said on Monday, a …

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Signa founder paid two-thirds of 3 million euro guarantee -insolvency admin

January 10, 2024January 10, 2024
Signa founder paid two-thirds of 3 million euro guarantee -insolvency admin - photo licensed by shore news network.

BERLIN (Reuters) – Signa founder Rene Benko has paid out two-thirds of a 3 million euro ($3.28 million) guarantee he personally promised at the beginning …

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Signa Development files for insolvency with $1.3 billion in debts -KSV

December 29, 2023
Signa development files for insolvency with $1. 3 billion in debts -ksv - photo licensed by shore news network.

FRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around …

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Chile’s Codelco at risk of insolvency as debt grows, CESCO report says

August 17, 2023August 17, 2023
Chile's codelco at risk of insolvency as debt grows, cesco report says - photo licensed by shore news network.

By Julian Luk LONDON (Reuters) – Chile’s Codelco, the world’s largest copper producer, is at risk of insolvency due to rising costs and a growing …

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Energy crisis and inflation push more German firms into insolvency – study

June 29, 2023
Energy crisis and inflation push more german firms into insolvency - study - photo licensed by shore news network.

(Reuters) – The number of German firms pushed into insolvency rose in the first half of this year at the fastest pace in more than …

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‘Their Policy Is Insolvency’: Pence Bashes Trump And Biden Over Entitlement Spending

June 8, 2023June 8, 2023

‘Their Policy Is Insolvency’: Pence Bashes Trump And Biden Over Entitlement Spending Harold Hutchison on June 8, 2023 Former Vice President Mike Pence criticized former …

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Bipartisan Reps Claim New Bill Would Delay Medicare’s Insolvency, But Experts Aren’t So Sure

April 24, 2023
Bipartisan reps claim new bill would delay medicare’s insolvency, but experts aren’t so sure - photo licensed by shore news network.

Bipartisan Reps Claim New Bill Would Delay Medicare’s Insolvency, But Experts Aren’t So Sure Laurel Duggan on April 24, 2023 Republican Nebraska Rep. Adrian Smith …

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Business insolvency in England and Wales soars in March

April 18, 2023
Business insolvency in england and wales soars in march - photo licensed by shore news network.

LONDON (Reuters) – More companies in England and Wales entered insolvency during March than at any point since monthly records started three years ago, according …

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Factbox: Steelmaker Celsa puts Spain’s new insolvency law to test

February 15, 2023
Factbox: steelmaker celsa puts spain's new insolvency law to test - photo licensed by shore news network.

By Jesús Aguado and Chiara Elisei Spain’s largest private industrial group, Celsa, is putting a new insolvency law to the test with creditors and family …

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German car supplier Ruester GmbH files for insolvency in self-administration

November 24, 2022

FRANKFURT (Reuters) – German car supplier Ruester GmbH said it has filed for restructuring in self-administration, a special form of insolvency proceedings that give the …

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German employment agency sees no insolvency wave in 2023 – WirtschaftsWoche

November 18, 2022November 18, 2022
German employment agency sees no insolvency wave in 2023 - wirtschaftswoche - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s federal employment agency does not expect a wave of insolvencies in 2023, with moderate insolvency benefit expenditure, the WirtschaftsWoche magazine reported …

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Russia’s Nord Stream 2 pipeline operator has not filed for insolvency -TASS

March 4, 2022
Russia's nord stream 2 pipeline operator has not filed for insolvency -tass - photo licensed by shore news network.

MOSCOW – The operator of Russia’s Nord Stream 2 natural gas pipeline to Germany has not filed for insolvency, TASS news agency cited the company …

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Exclusive-Nord Stream 2 owner considers insolvency after pipeline halt, sanctions -sources

March 1, 2022
Exclusive-nord stream 2 owner considers insolvency after pipeline halt, sanctions -sources - photo licensed by shore news network.

By Aziz El Yaakoubi and Shariq Khan -The Swiss-based company which built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing …

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