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Last contract not finished before liquidation: report

A Mosgiel-based building company did not complete its last building contract prior to being put into liquidation, the first liquidator’s report says. A&H 2016 Ltd was incorporated in March 2016 and operated in the residential building and construction industry. Its sole director and shareholder was Andrew Stuart John Innes. Trevor and Emma Laing, of Laing…

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CustomCells initiates insolvency proceedings citing payment default by principal customer Lilium

German battery pioneer CustomCells has filed for insolvency proceedings for the group’s key operating entities located in Itzehoe and Tübingen. The competent court in Kiel has appointed attorney Dr. Malte Köster, a partner at the law firm WILLMERKÖSTER, as the preliminary insolvency administrator of the operating companies. WILLMERKÖSTER is one of the leading insolvency law…

Mayor Adams, Summer Partner To Forgive $360M Student Debt, Aid 100K

 New York City Mayor Eric Adams, New York City Department of Consumer and Worker Protection (DCWP) Commissioner Vilda Vera Mayuga. Including New York City Department of Citywide Administrative Services (DCAS) Commissioner Louis Molina today announced a new effort to help more than 100,000 city employees enroll in the federal government’s Public Service Loan Forgiveness (PSLF) program and Income…

Siewert & Kau Computertechnik GmbH has to file for insolvency – Is the major IT distributor facing the end?

On May 5, 2025, Siewert & Kau Computertechnik GmbH, based in Bergheim, filed for insolvency at Cologne Local Court. Lawyer Marion Rodine was appointed as the provisional insolvency administrator. The company’s online store and cloud marketplace were no longer available the week before the insolvency application was filed, leading to speculation about financial difficulties. In…