German corporate insolvencies reach highest level since 2014 – Reuters
German corporate insolvencies reach highest level since 2014 Reuters Read the original article here
German corporate insolvencies reach highest level since 2014 Reuters Read the original article here
Risky expansion instead of strategic consolidation A company that establishes two new subsidiaries in the fall of 2024, operating in an already strained market, is either acting with visionary foresight or with reckless optimism. In the case of GridParity AG, much suggests the latter. UrbanPV GmbH and AgriPV GmbH were founded during a period when…
Mar 13, 2026 German courts recorded a significant increase in both business and consumer insolvencies during the previous year, according to data from the Federal Statistical Office. The number of corporate insolvency applications filed in 2025 rose by 10.3 percent compared to the year before, reaching a total of 24,064 cases. This continues an upward…
The National Company Law Tribunal (NCLT) has ordered the liquidation of Hero Electric Vehicles Pvt. Ltd. after efforts to revive the company through the insolvency resolution process failed to produce an approved plan. The order was passed by the NCLT’s New Delhi Bench on March 3, 2026.The tribunal noted that no resolution proposal received the…
Shree Hanuman Sugar & Industries Schedules 16th Committee of Creditors Meeting for March 17, 2026 scanx.trade Read the original article here
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A popular hair salon, located in one of the UK’s biggest cities, has gone into liquidation. Art.Salon, in Birmingham, is a “premier women only hijab friendly luxury hair and beauty salon. A Corporate Insolvency notice has been posted to The Gazette for the business. On Treatwell, a review website for salons across the UK, customers…
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The clock is ticking for embattled sugar giant Tongaat Hulett and the hundreds of thousands of people who depend on it. The company has two critical deadlines looming in April: the opening of its mills, and a court case to determine whether the company is placed in provisional liquidation. Tongaat head office stripped of expensive…
Hero Electric is headed for liquidation after the Committee of Creditors (CoC) failed to achieve the mandatory 66 percent majority required to approve a resolution plan under the Insolvency and Bankruptcy Code. The company’s insolvency journey began on December 20, 2024, following an application by operational creditor Metro Tyres Limited. CoC deadlocked at 50-50 split…