r.classen / Shutterstock.com The Dutch branch of women’s fashion chain Gerry Weber has filed for a suspension of payment, after its German parent company was declared insolvent. Both companies’ future looks markedly uncertain. Financial problems seep through The chain’s Dutch branch hopes that a suspension of payment would clear the way for a possible restart,…
Select Fashion ‘collapses, leaving staff without pay’ London Evening Standard Read the original article here
Troubles Mount for Shapoorji Pallonji Group as NCLT Slaps Notice Over Insolvency Plea outlookbusiness.com Read the original article here
Bax Music, a prominent online retailer of musical instruments and equipment, has been declared bankrupt by the Zeeland-West-Brabant court on April 1, 2025. This decision follows the company’s request for a suspension of payments made just a week prior, a common precursor to bankruptcy. The firm has faced significant financial difficulties in recent years, accumulating…
Strike at Ford Germany in support of insolvency safety net MSN Read the original article here
Hooters, a restaurant chain most famous for its all-female staff serving wings in skimpy clothing, is filing for bankruptcy, the company announced on Monday. Hooters of America is filing for Chapter 11 bankruptcy in Texas after accumulating $376 million in debt, and through the bankruptcy process, plans to sell off all 100 of its company-owned…
Strike at Ford Germany in support of insolvency safety net MSN Read the original article here
1 April 2025, 10:14 Gary Glitter has been made bankrupt for failing to pay damages to abuse victim. Picture: Alamy Gary Glitter has been made bankrupt after failing to pay more than £500,000 in damages to one of his victims, her lawyers have said. The woman sued Glitter, real name Paul Gadd, following his 2015…
When the starter raises the tape for the Grand National on Saturday afternoon, Frankie Dettori will be in the thick of the action out at the Dubai World Cup, including the world’s richest horse race which he won 25 years ago in a pulverising performance which remains that chase’s most unforgettable. One tour operator has…
Bax Music – a large musical instrument retailer headquartered in the Netherlands and serving Europe – has been declared bankrupt by The Netherlands’ Zeeland-West-Brabant court, according to Dutch news outlet De Telegraaf. The decision, made on Tuesday, 1 April, follows Bax’s request for a suspension of payments on its debt, which often comes as a…