German Solar Developer Enerparc Files for Insolvency in Hamburg

Hamburg’s district court (Amtsgericht Hamburg) opened preliminary insolvency proceedings against Enerparc AG, a German photovoltaic project developer, on Monday. Judges appointed lawyer Stefan Denkhaus of the BRL law firm as preliminary insolvency administrator. The opening of the proceedings guarantees employee wages for three months. A 5.5-Gigawatt Development Portfolio According to available information, the insolvency filing…

ENERPARC AG Files For Insolvency, Operations Of 5.5 GW Solar Portfolio Continue

ENERPARC AG, one of Europe’s largest independent solar park owners, has filed for insolvency proceedings with the Hamburg Local Court, raising concerns across the European solar energy sector. The company’s Executive Board submitted the petition, following which the court appointed attorney Stefan Denkhaus of Hamburg-based law firm BRL as provisional insolvency administrator on September 7,…

Over 100 pubs go bankrupt in Japan in first half

Nearly 90% of the failed businesses cited sluggish sales as a factor, while all but three had fewer than 10 employees, according to Tokyo Shoko Research, Japan’s first and oldest credit reporting agency, The Japan Times reported. Small izakaya are facing growing pressure from higher food and labor costs, along with a decline in corporate…