Tag: Insolvency
Municipalities threatened with loss of millions: Bafin initiates the insolvency of Greensill Bank
Tuesday March 16, 2021 Municipalities are threatened with loss of millions Bafin initiates bankruptcy of Greensill Bank The fate of Greensill Bank seems to be sealed: The financial regulator Bafin…
After protective shield proceedings: Condor needs fresh money again
Monday, March 8th, 2021 According to protective shield proceedings Condor needs fresh money again The vacation airline Condor 2020 was saved with 550 million euros and restructured in a protective…
Buyer jumps off: Mister Minit ceases operations
Friday, March 5th, 2021 Buyer jumps off Mister Minit goes out of business The renovation concept was in place and a buyer wanted to continue the business of the Mister…
Companies are running out of funds: the expert expects more bankruptcies
Sunday, February 21, 2021 Companies run out of funds Expert expects more bankruptcies In lockdown, the air is becoming noticeably thinner for many companies. At the same time, state aid…
Thousands of kilometers of line: Federal Council installs power line turbo
Friday February 12th 2021 Thousands of kilometers of pipeline Federal Council installs power line turbo In an anniversary meeting, the Federal Council clears the way for the urgently needed network…
No grace period due to Corona: Experts warn against the delay in bankruptcy
Sunday, February 07, 2021 No grace period due to Corona Experts warn against the delay in bankruptcy If you are in financial difficulties because of the pandemic, you don't have…
Last resort illegality ?: Corona forces hairdressers into debt
Free hairdressing areas, acrylic walls, gloves and disinfectants: despite extensive precautionary measures, hairdressers are not allowed to open their shops and many owners miss out on bridging aids. In times…
The state did not pay any aid: Maredo fired almost all employees
Monday, January 18, 2021 The state did not pay any aid Maredo fires almost all employees The steak house chain Maredo filed for bankruptcy in March. The second lockdown in…
Corona aid does not arrive: Tax advisors criticize complicated rules
Tuesday, January 12, 2021 Corona aid does not arrive Tax advisors criticize complicated rules Corona aid to companies and self-employed people is only flowing slowly. Applying for bridging aid was…
Significantly below the previous year's figure: the number of corporate insolvencies is increasing
Monday, January 11, 2021 Significantly below the previous year's figure The number of corporate bankruptcies is increasing According to the Federal Statistical Office, significantly more companies filed for bankruptcy in…
Hairdressing chain insolvency: Klier is aiming for "sustainable restructuring"
Tuesday, December 1st, 2020 The state is initiating insolvency proceedings against Germany's largest hairdressing chain, Klier. The corona crisis has brought the company with more than a thousand branches in…
Third bankruptcy in six years: Mifa successor bankrupt again
Bicycles have been built in Sangerhausen for more than 100 years. But the location has had problems for a long time. Now another attempt is faltering. Sachsenring Bike can no…