Etiket: insolvencies
Major insolvencies will decrease in the fourth quarter and increase throughout 2023
The number of insolvency applications filed with German local courts by large companies fell slightly in the fourth quarter of 2023, from 47 cases to 45. Even if the three-fold…
Selfridges is seeking funding amid the wave of Signa insolvencies
Signa’s wave of bankruptcies also has an impact on Selfridges Group. The British luxury department store operator is said to be in talks with Thailand’s Central Group to negotiate future…
BTE fears another wave of insolvencies and appeals to politicians
The Textile Shoes Leather Goods Trade Association (BTE) fears another wave of insolvencies and closures due to demands for reimbursement of Corona aid. Stationary fashion and shoe retailers are far…
Sad! Berlin takes first place in the number of insolvencies
Berlin has the highest insolvency rate in Germany (symbol photo) Photo: Christian Lohse By Carlos Contreras and BZ/dpa Berlin, capital of bankruptcies! In a comparison of the federal states, most…
Number of corporate insolvencies soon at pre-crisis level
Extensive government aid packages and special legal regulations have reduced the number of global corporate insolvencies during the peak phase of the Covid 19 pandemic in 2020 and 2021. According…
Economists warn of the rise of business insolvencies
Economists warn of the increase in business insolvencies this year and a certain slowdown next year. The General Council of Economists of Spain (CGE) has presented the study today Insolvency…