Hydrogen truck and zero-emission transport manufacturer Quantron has risen from the ashes of insolvency and is once again trading under a refocused strategy. Quantron had initially filed for bankruptcy at the end of October 2024, with the company’s court-appointed administrator initiating a structured sales process in November. A holding company belonging to Quantron CEO Andreas…
Climate Firm That Partnered With Meta, Microsoft Goes Bankrupt Bloomberg.com Read the original article here
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…