Native Instruments files for insolvency

Bankruptcy

Native Instruments, the Berlin-based company renowned worldwide as a provider of music software and hardware, has filed for insolvency proceedings. This is evident from publicly accessible documents from the District Court of Berlin-Charlottenburg, according to which corresponding applications were filed on January 26 and 27 under file numbers 3612 IN 603/26, 3612 IN 602/26, and…

What It Means for Users and the Industry

Bankruptcy

Native Instruments insolvency proceedings are underway in Germany as both the operating company and its parent holding group enter court-supervised restructuring, signaling a group-wide financial review and Native Instruments restructuring process. In two separate court orders made public on January 27th, Native Instruments insolvency filings and its group operations have come under public spotlight. Native…

Loughborough Director Disqualified for HMRC Debt Fraud

Bankruptcy

Paul Bresnihan was the director of CJS Engagement 2 Ltd, a payroll business.   He transferred 4.8 million Euros to a bank account in Montenegro, at a time when the company was insolvent owing HMRC more than £32million. His seven-year director disqualification began on 27 January 2026.   A Loughborough director of a payroll company has signed a seven-year director disqualification undertaking for transferring 4.8 million Euros…

Loughborough director who transferred funds to Montenegro account despite owing millions to HMRC is disqualified

Bankruptcy

Paul Bresnihan was the director of CJS Engagement 2 Ltd, a payroll business.    He transferred 4.8 million Euros to a bank account in Montenegro, at a time when the company was insolvent owing HMRC more than £32million.  His seven-year director disqualification began on 27 January 2026.    A Loughborough director of a payroll company has signed a seven-year director disqualification undertaking for transferring 4.8 million Euros to a bank account in Montenegro when his insolvent…