Höfner, the German instrument company most famous for making Paul McCartney‘s iconic violin bass, has filed for bankruptcy.
According to Guitar.com, “provisional insolvency administration” has been ordered for the company legally known as Karl Höfner GmbH & Co as of a December 10th filing in the Fürth District Court in Bavaria. “An insolvency administrator has been appointed, who will proceed to attempt to rectify debts over the next three months,” per the report.
While little else is publicly known about the filing, according to the report, it likely spells the end for the long-running and prestigious instrument maker.
Upon hearing the news, McCartney released the following statement via his Instagram page: “It is very…