Tag: Insolvency
At Galeria, only a ruthless inventory helps
Galeria branch in Berlin-Tegel The dominant topic in the company is how many jobs will be cut and how many locations will be closed. (Photo: IMAGO/Jürgen Ritter) Anyone who now…
Galeria Karstadt Kaufhof: buero.de withdraws takeover bid
gallery buero.de no longer wants to take over Galeria branches. (Photo: dpa) Berlin The online retailer buero.de has withdrawn its offer to take over almost 50 branches of the ailing…
Online retailer buero.de withdraws offer for Galeria branches
gallery buero.de no longer wants to take over Galeria branches. (Photo: dpa) Berlin The online retailer buero.de has withdrawn its offer to take over almost 50 branches of the ailing…
European subsidiary of FTX is for sale
FTX Some FTX sub-companies are liquid and are now for sale. (Photo: Reuters) FTX’s European business is to be sold as quickly as possible. Interested parties should report in the…
FTX insolvency administrator raises serious allegations against founder Bankman-Fried
John Ray FTX’s bankruptcy attorney raises serious allegations. (Photo: Bloomberg) Denver Black day for Sam Bankman-Fried: The founder of the now insolvent crypto exchange FTX was sued by US authorities…
This is how founder Bankman-Fried explains the FTX crash
Good morning dear readers, seldom has the face of a crisis looked as harmless as this one. Sam Bankman-Fried, a chubby, curly-haired boy with a penchant for Bermuda shorts, could…
Why more and more hairdressers, bakers or cafés are giving up
Dusseldorf Even with price increases, Kumanan Pulenthirarajah couldn’t save his bistro. “We made it through the difficult Corona period, but the current cost crisis makes a profitable business impossible,” says…
Why more and more hairdressers, bakers or cafés are giving up
Dusseldorf Even with price increases, Kumanan Pulenthirarajah couldn’t save his bistro. “We made it through the difficult Corona period, but the current cost crisis makes a profitable business impossible,” says…
Crypto company Blockfi files for bankruptcy – investor Peter Thiel also affected
Logo of the crypto company Blockfi The start-up based in Jersey City not far from New York is a so-called crypto lender. The bankruptcy of the crypto exchange FTX now…
Crypto company Blockfi files for bankruptcy – investor Peter Thiel also affected
Logo of the crypto company Blockfi The start-up based in Jersey City not far from New York is a so-called crypto lender. The bankruptcy of the crypto exchange FTX now…
Crypto bank Blockfi files for bankruptcy
Logo of the crypto company Blockfi The start-up based in Jersey City not far from New York is a so-called crypto lender. The bankruptcy of the crypto exchange FTX now…
Disney buys cruise ship “Global Dream” from MV Werften
Global dream The cruise ship under construction is in the construction dock of the otherwise empty shipbuilding hall of the former MV shipyard. (Photo: dpa) New York, Wismar The Disney…
M&A market: Investors avoid automotive suppliers
Investors avoid supplier industry It is not only difficult to find investors for parts of the company from suppliers that are highly dependent on combustion engines. (Photo: dpa) Dusseldorf, Stuttgart…
M&A market: Investors avoid automotive suppliers
Investors avoid supplier industry It is not only difficult to find investors for parts of the company from suppliers that are highly dependent on combustion engines. (Photo: dpa) Dusseldorf, Stuttgart…
Galeria Karstadt Kaufhof: Subsidiaries also in insolvency proceedings
Galeria branch in Halle The lease for the location expires at the end of January and the sale has begun. (Photo: IMAGO/Steffen Schellhorn) Dusseldorf After the ailing department store operator…
Galeria Karstadt Kaufhof: Subsidiaries also in insolvency proceedings
Galeria branch in Halle The lease for the location expires at the end of January and the sale has begun. (Photo: IMAGO/Steffen Schellhorn) Dusseldorf After the ailing department store operator…
Galeria Karstadt Kaufhof: Subsidiaries also in insolvency proceedings
Galeria branch in Halle The lease for the location expires at the end of January and the sale has begun. (Photo: IMAGO/Steffen Schellhorn) Dusseldorf After the ailing department store operator…
The most important questions about protective shield insolvency
Now managing director Miguel Müllenbach, reorganizer Arndt Geiwitz and trustee Frank Kebekus want to create structures that are sustainable in the long term without further state aid. But after that…
Italy: Rise in bad loans imminent
The Milan skyline in front of the snow-capped Alps This is where the company Prelios is based, which buys loans from banks that will most likely never be repaid. (Photo:…
Italy: Rise in bad loans imminent
The Milan skyline in front of the snow-capped Alps This is where the company Prelios is based, which buys loans from banks that will most likely never be repaid. (Photo:…