Tag: Bankruptcy
Russian bond is being serviced – state bankruptcy apparently averted for the time being
Central Bank of Russia Moscow is likely to have averted a state bankruptcy for the time being. (Photo: Bloomberg) London Russia has apparently been able to avert a state bankruptcy…
Confusion over interest payments on Russian dollar bonds
Russia’s Finance Minister Anton Siluanov Finance Minister Anton Siluanov has repeatedly stated that the country will pay its debts in rubles. (Photo: imago/ITAR-TASS) Frankfurt The guesswork about a possible state…
Why a state bankruptcy in Russia is hardly avoidable
View of Moscow Sanctions hit Russia hard – and its creditors. (Photo: imago images/Russian Look) Frankfurt Rating agencies, investors and banks have made their judgments. A state bankruptcy in Russia…
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…
Lights for 50 million euros are missing
light and shadow Deutsche Lichtmiete AG wanted to dominate the market with lighting solutions for large factory buildings. After the bankruptcy, the group of companies is to be sold. (Photo:…
Lloyd Werft could soon have owners
Lloyd shipyard in Bremerhaven If a buyer continues to operate the shipyard, the bankruptcy application could be withdrawn. (Photo: dpa) Berlin The Lloyd shipyard is probably the first company in…
Insolvency administrator sees “good chances of success” for a restructuring
solar panels and wind turbines The Green City Group sees itself as a holistic provider for the development, construction, financing and operation of renewable energy plants in Europe. (Photo: dpa)…
Insolvency administrator sees “good chances of success” for a restructuring
solar panels and wind turbines The Green City Group sees itself as a holistic provider for the development, construction, financing and operation of renewable energy plants in Europe. (Photo: dpa)…
Genting wanted to wind up MV Werften in early 2021
Lim Kok Thai The former Genting boss is said to have drawn up plans for the liquidation of the MV shipyards early on. (Photo: dpa) Berlin Despite all assurances, Genting…
Munich Green City AG files for bankruptcy, investors fear for 250 million euros
wind turbines and solar panels Green City AG collected 250 million euros from investors for the production of green electricity. Then the group slipped into crisis. (Photo: dpa) Berlin News…
Boss of owner Genting Hong Kong resigns
Lim Kok Thai The billionaire holds 76 percent of the shares in the cruise arm. (Photo: Bloomberg) Bangkok Malaysian billionaire Lim Kok Thay has resigned as head of his bankrupt…
Insolvency proceedings against ex-boss of German Property Group
Cologne The decision of the district court of Bückeburg on January 14 is just three pages long. He orders “the interim administration of Charles Smethurst’s fortune for the security of…
MV-Werften-Mother applies for processing
MV shipyards The MV shipyards in Mecklenburg-Western Pomerania are also affected by the parent company’s difficulties. (Photo: imago images/BildFunkMV) Berlin The Asian entertainment group Genting has run out of money.…
Finance Minister Lindner promises support for employees of MV shipyards
Christian Lindner The Minister of Finance has promised the employees of the MV Werften help. (Photo: imago images/photothek) Berlin After the MV shipyards filed for insolvency, Federal Finance Minister Christian…
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…
The silence on the crusader
Wismar The loser has been determined for insolvency administrator Christoph Morgen. Genting will lose a lot of money with the insolvency of MV Werften, he said on Thursday in Wismar.…
MV Werften file for bankruptcy
Berlin It is the largest cruise ship in the world and the largest passenger ship ever built in Germany: The “Global Dream” sets new standards in the cruise industry. The…
MV Werften file for bankruptcy
Berlin It is the largest cruise ship in the world and the largest passenger ship ever built in Germany: The “Global Dream” sets new standards in the cruise industry. The…
MV Werften file for bankruptcy
Berlin It is the largest cruise ship in the world and the largest passenger ship ever built in Germany: “Global Class 1” sets new standards in the cruise industry. The…