Signa founder paid two-thirds of 3 million euro guarantee -insolvency admin
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 of insolvency proceedings, Signa Holding’s insolvency administrator…
Energy crisis and inflation push more German firms into insolvency – study
(Reuters) – The number of German firms pushed into insolvency rose in the first half of this year at the fastest pace in more than two decades due to the energy crisis,…
‘Their Policy Is Insolvency’: Pence Bashes Trump And Biden Over Entitlement Spending
‘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 President Donald Trump and President Joe Biden…
Bipartisan Reps Claim New Bill Would Delay Medicare’s Insolvency, But Experts Aren’t So Sure
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 and Democratic Michigan Rep. Debbie Dingell introduced…
Business insolvency in England and Wales soars in March
LONDON (Reuters) – More companies in England and Wales entered insolvency during March than at any point since monthly records started three years ago, according to official data on Tuesday that showed…
Factbox: Steelmaker Celsa puts Spain’s new insolvency law to test
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 owners unable to agree on how to…
German car supplier Ruester GmbH files for insolvency in self-administration
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 owners bigger say, citing liquidity problems partly…
German employment agency sees no insolvency wave in 2023 – WirtschaftsWoche
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 on Friday. The agency expects to spend…
Russia’s Nord Stream 2 pipeline operator has not filed for insolvency -TASS
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 as saying on Friday. (Reporting by Moscow…
Exclusive-Nord Stream 2 owner considers insolvency after pipeline halt, sanctions -sources
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 for insolvency, two sources familiar with the…
UK’s Amigo says CFO Mike Corcoran to step down
-British subprime lender Amigo Holdings said on Monday Chief Financial Officer Mike Corcoran will step down immediately, on a day where its shares fell as much as 62% after the firm flagged…
Breaking News
