Will surge in German business bankruptcies hit growth?

How bad are Germany’s economic problems? One commonly used indicator is the number of company insolvencies and recent figures have produced worrying headlines. According to a study by the Halle Institute for Economic Research (IWH), the insolvency rate among partnerships and corporations in Germany was 80% higher in June than in an average June between…

SuperBike Factory Insolvency: What Happens to Your Bike

Europe’s self-proclaimed largest used motorcycle dealer, SuperBike Factory, has gone insolvent and ceased trading. For buyers, sellers and several hundred employees, the question now is what happens next. On 20 July 2026, insolvency practitioners from KR8 Advisory were appointed, and trading stopped with immediate effect. The company operated six locations in the United Kingdom and…

MCA Invites Stakeholder Suggestions on Integrated Insolvency Ecosystem Platform

The Ministry of Corporate Affairs (MCA) has invited suggestions of the stakeholder on the proposed Integrated Platform for Insolvency Ecosystem (iPIE), a unified platform that will merge various business procedures and digital services into a common technology structure. The ministry mentioned that the platform is contemplated to assist end-to-end digital workflows, ease real-time data exchange…

Movement Labs Files for Bankruptcy, Movement Industrial and Foundation Poised to Be the Biggest Winners

Original by Odaily Planet Daily (@OdailyChina) Author: Wenser (@wenser 2010 ) Last night, news that “Movement developer Movement Labs filed for bankruptcy protection” sent shockwaves through the crypto community. No one expected that this “star L2 project,” which had previously sought $100 million in funding at a $3 billion valuation, would end up bankrupt. However,…

Supercar hire firm shut down by Insolvency Service

A luxury car hire company which took thousands of pounds from customers and repeatedly failed to deliver vehicles or refund their money has been shut down. Classic Parade Ltd claimed to operate from an office in Knightsbridge, offering the hire of Ferraris, Lamborghinis and other supercars through its website. However, Insolvency Service investigations found a…

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