Tag: Bankruptcy
Chinese police arrest several managers
Evergrande Group headquarters in Shenzhen The authorities have arrested several managers of the asset management division. (Photo: AP) Beijing In southern China, police have arrested some managers of the asset…
Creditors are demanding more than 700 million euros from the insolvent EnBW subsidiary
Biogas plant BMP Greengas purchased biomethane from suppliers in order to then sell it on to municipal utilities and garden centers. (Photo: imago images/Countrypixel) Dusseldorf Creditors in shock and almost…
Insolvency administrator demands dividends back from major shareholders
Payment service provider Wirecard Berlin, Düsseldorf The insolvency administrator of the former Dax group Wirecard is demanding dividends back from major shareholders. Corresponding letters of repayment were recently sent to…
Bavarian Supply Chamber wants to have the insolvent Quelle construction site completed
Project The Q in Nuremberg The company initially wanted to continue all projects, but then had to file for bankruptcy for the first construction phase of the project in Nuremberg.…
Gerchgroup’s first construction site slips into insolvency
Visualization of “The Q” in Nuremberg The project company for the first construction phase of the construction project has slipped into bankruptcy. (Photo: GerchGroup) Dusseldorf The first project company in…
Number of company bankruptcies rises by a fifth in the first half of the year
business closure The number of declared bankruptcies increased significantly in the first half of 2023 compared to the previous year. (Photo: dpa) Berlin The economic downturn and rising loan interest…
Toy manufacturer Haba files for bankruptcy
Dusseldorf The traditional toy manufacturer Haba is sliding deeper into the crisis. The family business from Bad Rodach in Upper Franconia announced on Tuesday that Haba Sales GmbH had filed…
Haba: Toy manufacturer files for bankruptcy
Toys from Haba The manufacturer from Bad Rodach has gotten into financial difficulties. Now a restructuring through insolvency under self-administration is pending. (Photo: obs) Dusseldorf The traditional children’s outfitter Haba…
The “Lion’s Den” investor Social Chain is bankrupt
A picture from better days The two ex-jurors from the “Lion’s Den”, Georg Kofler (left) and Ralf Dümmel, posed with the stock market bull in 2021. Today her company The…
“Lion’s Den” investor Social Chain is bankrupt
A picture from better days eoThe two ex-jurors from the “Lion’s Den” Georg Kofler (left) and Ralf Dümmel posed with the stock market bull in 2021. Today her company The…
Ex-boss of crypto bust firm Celsius Network arrested
Alex Mashinsky The former head of Celsius Network is said to have been arrested. (Photo: Reuters) new York The former head of insolvent crypto lender Celsius Network has been arrested,…
A bankrupt company’s stock soars by more than 500 percent
Branch of Bed Bath & Beyond Theories about a possible rescue of the furniture store are circulating in online forums. That moves the stock. (Photo: AP) Dusseldorf As of May…
Bond investors file lawsuit against former Credit Suisse bosses
UBS completes takeover of Credit Suisse – banking giant is born UBS has completed the world’s most significant bank takeover since the financial crisis. According to an open letter published…
US electric car manufacturer Lordstown Motors files for bankruptcy
new York The US electric car manufacturer Lordstown Motors has filed for bankruptcy. The company announced this on Tuesday. The list of companies in the industry that have to give…
Allgaier: Auto supplier files for bankruptcy
Allgaier in Uhingen A year after the takeover by Chinese investors, the automotive supplier has filed for bankruptcy (Photo: Allgaier) Stuttgart A year after the sale to a Chinese investor,…
Allgaier: Auto supplier files for bankruptcy
Automotive supplier Allgaier Before the takeover, the family of former employer president Dieter Hundt was the main shareholder. (Photo: dpa) Uhingen A year after the sale to a Chinese investor,…
More and more start-ups are going bankrupt
Berlin Since the beginning of 2022, 86 start-ups have announced their closure in the capital. (Photo: IMAGO/Dirk Sattler) Berlin, Dusseldorf No more unpackaged groceries from alpacas, no more e-cargo bikes…
More and more start-ups are going bankrupt
Berlin Since the beginning of 2022, 86 start-ups have announced their closure in the capital. (Photo: IMAGO/Dirk Sattler) Berlin. Dusseldorf No more unpackaged groceries from alpacas, no more e-cargo bikes…
Credit Suisse manager goes to fintech Leonteq
UBS completes takeover of Credit Suisse – banking giant is born UBS has completed the world’s most significant bank takeover since the financial crisis. According to an open letter published…
This Altcoin Asset From Alameda Research Is At Risk Of Bankruptcy!
A leading cryptocurrency firm Alameda Research’s 8.2 percent locked stake in Solana is facing bankruptcy. According to experts, this has the potential to affect the altcoin price. Meanwhile, the Solana…