20 more freight carriers go bankrupt – Equipment Finance News
20 more freight carriers go bankrupt Equipment Finance News Read the original article here
20 more freight carriers go bankrupt Equipment Finance News Read the original article here
BuzzFeed Explores Strategic Options to Stave Off Insolvency Bloomberg.com Read the original article here
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Founded in 1992, the family-owned company operated in several locations in Austria – including Vienna, Wels, Radfeld, Fürnitz and Hohenems – as well as in foreign markets: Italy, Switzerland and Slovakia. According to the company, the fleet comprised more than 700 vehicles. Reasons for the bankruptcy The insolvency proceedings were opened on 9 March 2026…
On March 11, a court declared AS E-Piim Tootmine bankrupt and appointed Indrek Lepsoo and Olev Kuklase as the company’s bankruptcy trustees. During the bankruptcy proceedings, the company’s financial situation will be determined, including the extent to which creditors may recover their money and how assets might be sold to do so. Negotiations among E-Piim…
A Danish flooring company, based in Svendborg on the island of Funen, has been placed under bankruptcy proceedings after a former employee filed a petition over unpaid salary claims. © Wavebreakmedia Ltd | Dreamstime The Bankruptcy Court in Svendborg issued the ruling…
A British demolition company has collapsed into administration after 36 years of business. Albion Jones Ltd, based in Rotherham, South Yorkshire, specialises in site clearing services and earthmoving. The contractor has now appointed James Ronald Alexander Lumb and Howard Smith, of Interpath Advisory, as joint administrators after becoming insolvent. The appointment was reported by the…
This table contains the number of bankruptcy orders issued by Dutch courts. Numbers are broken down by type of bankruptcy (natural persons with or without sole proprietorship, enterprises and institutions). Data available from: January 1981 Status of the figures:Figures over the last two months are provisional. Changes as of March 12, 2026:The February 2026 figures…
Sector hotspots and trends Construction Construction accounted for 24% of all company failures in 2025 and remains the most affected sector, with 747 formal appointments. This represents a 14% year-on-year increase. Q4 2025 recorded 197 appointments, the highest quarterly figure for this sector since Deloitte began collecting sector-specific data in 2022. The sector continues to…
Directors Not Responsible for Tax Recovery After Liquidation: Madras High Court The Madras High Court has ruled that directors of a company under liquidation are not liable for tax recovery if the non-recovery was not due to their negligence The company, Infinitas Energy Solutions Pvt. Ltd., and its director (petitioner) were under liquidation, and the company had entered…