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The bankruptcy of a transportation giant in western Santa Catarina revealed debts close to R$ 50 million, hundreds of creditors, and direct impacts on workers. One of the transportation giant Bauer Express, with operations in Santa Catarina, had its bankruptcy declared by the courts after admitting it was unable to overcome a serious financial crisis.…
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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
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
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…