EXEC: Sympatex Acquired Out of Insolvency Proceedings

Sympatex Technologies, the German manufacturer of membranes, laminates and textiles used in outdoor apparel and footwear, is being acquired by Italian textile supplier Pidigi S.p.A. The sale comes as Sympatex filed for insolvency at the Munich Local Court in Germany on January 22. The acquisition is scheduled to be effective on June 1. Pidigi, based…

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NZ rugby great Andrew Mehrtens facing bankruptcy application

A former Crusaders and All Blacks great is the subject of a bankruptcy application.  Stuff reported the application to have Andrew Philip Mehrtens adjudicated bankrupt was called in the High Court at Christchurch last Thursday. The application was made by law firm Saunders Robinson Brown. Appearances were excused by Associate Judge Dale Lester, who adjourned…

Seattle Schools Could Go Bankrupt in 10 Months?!

Seattle Public Schools is staring down an $87 million deficit — and Superintendent Ben Shuldiner isn’t sugarcoating it. “We’re still bankrupt.” If the district can’t close the gap in the next 10 months, they’ll be forced to borrow from the state. And when that happens, Seattle essentially hands over the keys to its own school…

Bankruptcies rise as debt pressures deepen 

SINGAPORE: More people are being declared bankrupt in Singapore, going by the latest official statistics, although their age distribution has largely stayed the same. Personal bankruptcy cases reached 482 in the first quarter of financial year 2026 (1Q26), up from 378 in 1Q25, according to data from the Law Ministry (MinLaw). A spokesperson for MinLaw…

No Cookies | The Advertiser

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…

Crusaders great facing bankruptcy application

A former Crusaders and All Blacks great is the subject of a bankruptcy application.  Stuff reported the application to have Andrew Philip Mehrtens adjudicated bankrupt was called at the High Court at Christchurch last Thursday. The application was made by law firm Saunders Robinson Brown. Appearances were excused by Associate Judge Dale Lester, who adjourned…