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…
The five-year relief period is over, and defaulted student loan borrowers are left with two options: Pay up or face the consequences. On Monday, President Donald Trump’s administration officially restarted the process of collecting defaulted student loan payments. This marks the end of a yearslong pause that started under Trump in 2020 and continued under…
All insolvency professionals appreciate that Section 236 of the Insolvency Act 1986 (“s236”) grants significant investigatory powers to office-holders into a company’s business dealings, affairs and director conducts, including the power to obtain third-party records and information. As technology now largely replaces a company’s paper-based records, and has become an integral part of business operations,…
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