Tag: Bankruptcies
Announced 2 Altcoin Bankruptcies: One Crashed, Another Floated!
Two cryptocurrency lending platforms known to be in distress recently have officially filed for bankruptcy. This made the price of one altcoin project skyrocket while the other crashed. Here are…
Investors are pouring record sums into the struggling hotel industry
Hotel in Saxony The crisis industry is threatened by an investment bubble. (Photo: dpa) Dusseldorf Splendor and misery could hardly be closer together than in Germany’s hotel industry. The market…
Investors are pouring record sums into the struggling hotel industry
Dusseldorf Splendor and misery could hardly be closer together than in Germany’s hotel industry. The market report just published by the hotel association IHA calculated that an average hotel room…
Municipalities warn of bankruptcies at gas suppliers
Berlin The German Association of Towns and Municipalities has warned of the consequences of a worsening of the gas crisis and has called for consequences. “It must be prevented, also…
Leipzig Regional Court replaces UDI insolvency administrator
UDI biogas plant The drama surrounding the bankruptcy of the eco-investment house UDI continues: the district court dismisses the insolvency administrator. (Photo: udi) Berlin The letter that gets insolvency administrator…
Commerzbank Annual General Meeting: boss fears more bankruptcies
Frankfurt Commerzbank boss Manfred Knof is preparing for a strong headwind because of the consequences of the Ukraine war. “The energy supply in Germany is at risk, supply chains are…
Only two percent have secured supply in the long term
craft Many companies are already groaning under the exploding energy prices. (Photo: imago images/Future Image) Berlin German medium-sized companies hardly rely on long-term contracts with their energy suppliers. This is…
Lichtmiete AG is bankrupt again
Are the lights finally going out now? The insolvency administrator is now also taking responsibility for all decisions in the production hall of Deutsche Lichtmiete AG in Oldenburg. (Photo: Deutsche…
Lichtmiete AG is bankrupt again
Oldenburg The district court of Oldenburg opened preliminary insolvency proceedings again at Deutsche Lichtmiete AG on Tuesday and appointed the former preliminary insolvency administrator Rüdiger Weiß back into office. The…
Lawsuit against Wirecard management because of loans over 140 million euros
Singapore skyline Wirecard loans of over 140 million euros are said to have leaked here. The insolvency administrator is therefore suing the management board and two supervisory boards. (Photo: imago…
Deutsche Lichtmiete files for bankruptcy
Bright halls as a business model Deutsche Lichtmiete names the LED lighting for Hydro Aluminum as a reference project. After a raid by the public prosecutor’s office, the lights threaten…
German credit insurers expect more company bankruptcies in 2022
Frankfurt The German credit insurers see the further economic development threatened by numerous risks. They therefore expect the number of corporate bankruptcies in Germany to rise again for the first…
Investor lawyer Schirp attacks insolvency administrators sharply
UDI biogas plant The UDI Group from Nuremberg promised its investors to achieve good returns with eco-investments. Now it’s all about how much money the creditor can be saved in…
Why the low demand is a good sign
Berlin The bazooka was ready to fire, but nobody really wanted to trigger it. The federal government launched an unprecedented rescue program with commitments totaling more than one trillion euros…