Guitar and bass brand Höfner – most famous for making Paul McCartney’s iconic violin bass – has filed for bankruptcy in Germany, according to new filing in the Fürth District Court in Bavaria reveals.
Few details about the insolvency have been made public, however the filing does reveal that “provisional insolvency administration” has been ordered for Karl Höfner GmbH & Co as of 10 December. An insolvency administrator has been appointed, who will proceed to attempt to rectify debts over the next three months. Höfner has been contacted for comment.
The company has a long and storied history. It was founded by Karl Höfner in 1887, in what was then the Austria-Hungarian town of Schönbach, and is now Luby in the Czech…