Etiket: Insolvency
Klauser and Salamander: Insolvency proceedings under self-administration opened
Schuhhaus Klauser GmbH & Co. KG and Salamander Deutschland GmbH & Co. KG have both opened insolvency proceedings under self-administration. The procedure of the shoe suppliers from Wuppertal, both of…
Speed skating: Olympic medal 2026 – association insolvency “off the table”
Status: 07.03.2023 07:19 In terms of sport, German speed skating has been missing its shine for a long time. The head of the association wants to turn things around by…
Galeria management rejects higher salaries in the insolvency
At the insolvent department store group Galeria Karstadt Kaufhof, the management sees no scope for higher salaries. Management and the restructuring experts deployed had made it clear that payment under…
Galeria Karstadt Kaufhof opens insolvency proceedings under self-administration
The restructuring efforts at the badly hit department store group Galeria Karstadt Kaufhof have cleared an important hurdle. The district court of Essen opened the insolvency proceedings in self-administration for…
Provisional insolvency administrator relies on negotiations with landlords
The trading company Schuh-Oase GmbH & Co. KG, based in Nassenfels in Upper Bavaria, has also got into financial difficulties due to significant losses in sales. The shoe retailer, which…
Verdi union announces agreement on insolvency money
According to the union, the United Services Union (Verdi) and the management of the insolvent department store chain Galeria Karstadt Kaufhof GmbH agreed shortly before Christmas on a solution for…
Keller Group files for insolvency proceedings in self-administration
The financially troubled Munich retailer Keller Group GmbH wants to restructure itself in insolvency proceedings under self-administration. The company, which operates the online shops Keller Sports and Keller x as…
German Autolabs founder and CEO Holger G. Weiss: This is how startups can avoid insolvency
Startups can stumble when there is a lack of liquid funds, as Holger G. Weiss, founder and CEO of German Autolabs, knows. Then fresh money is needed from outside –…
Financing negotiations failed: Joules Group before insolvency proceedings
British retailer Joules Group Plc has failed to secure the necessary financial support. Discussions with “several strategic investors” about participation in a capital increase and negotiations about possible bridge financing…
Galeria Kaufhof applies for preliminary insolvency
The group currently operates 131 department stores in 97 German cities Photo: picture alliance/dpa | Bernd Thissen By Nils Kottmann Germany’s last large department store group, Galeria Karstadt Kaufhof, is…