Paul McCartney has spoken out following news that Höfner – the famed German instrument maker behind his iconic violin bass – has filed for bankruptcy, describing the situation as “very sad”. Earlier this week, filings in the Fürth District Court in Bavaria revealed that Höfner has entered insolvency proceedings in Germany. Founded in 1887, the…
‘This is where we discover how serious we all are and how determined we are to do the best for our city’ Gloucester City Council holds its meetings at North Warehouse at The Docks. (Image: Carmelo Garcia) There are concerns Gloucester City Council could “go bankrupt” if party politics is not put aside as they…
Be careful what you take out of your business warns insolvency expert thestar.co.uk Read the original article here
Data for the first three quarters of 2025 have shown that smaller German firms have borne the brunt of almost three years of economic downturn in Europe’s biggest economy over the past three years. On December 12, the chief analyst at the Association of German Chambers of Industry and Commerce (DIHK), Volker Treier, told news agency Reuters that…
– The Middle Franconian instrument maker Höfner is world-renowned, not least because of former Beatles bassist Paul McCartney. A few days ago, the company had to file for bankruptcy. When the Beatles played their first shows in the pubs of Hamburg’s St. Pauli district in the… Read the original article here
The National Company Law Appellate Tribunal has held that when a company itself triggers insolvency proceedings on the basis of a bank’s debt, its suspended directors cannot later turn around and claim that the lender’s dues are time-barred.“When the Appellant itself claim that insolvency resolution process be initiated against the CD on the basis of…
Brittany Higgins has left her top PR job just five months after declaring she was ready to ‘get on the tools and be a working person again.’ The former Liberal staffer, who was bankrupted by her former boss Linda Reynolds last week, was appointed director of public affairs at independent agency Third Hemisphere in May.…
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Höfner, the German instrument company most famous for making Paul McCartney‘s iconic violin bass, has filed for bankruptcy. According to Guitar.com, “provisional insolvency administration” has been ordered for the company legally known as Karl Höfner GmbH & Co as of a December 10th filing in the Fürth District Court in Bavaria. “An insolvency administrator has…