#insolvency
articles
Casas Bahia Reports R$10.1 Billion Loss and Puts Judicial Recovery Back on the Table
Brazilian retailer posts an 18-fold increase in quarterly net loss, closes 298 stores and says formal debt restructuring...
Deutsche Finance Real Estate Fund Faces Insolvency as 1,200 Investors Warned of Total Loss
A public fund from Munich-based Deutsche Finance is expected to file for insolvency after failing to repay nearly $60 mi...
Accell’s German Bike Brands Haibike, Winora and Ghost File for Insolvency Under Self-Administration
The three German bicycle manufacturers, part of the troubled Dutch Accell Group, have entered insolvency proceedings in ...
Italian Sea Group Opens Formal Auction to Avert Collapse, Rivals Sanlorenzo and Ferretti Show Interest
The Italian Sea Group, builder of Admiral and Perini Navi yachts, has kicked off a formal auction to find rescue investo...
Becker Estate: The Family Home That Survived Insolvency Now For Sale at €2.98M
Once built by his architect father and later caught up in a high-profile insolvency, Boris Becker’s sprawling family vil...
Congo Brands Australia collapses with $8m debt, leaving creditors and staff in the lurch
The Australian distributor of Prime energy and Lunchly has entered administration owing over $8 million, with no rescue ...
Stax Collapse: $1.7M in Unfulfilled Orders, NAB and Staff Among Creditors Owed Millions
Liquidators report over 12,000 customer orders worth $1.7 million remain unshipped as collapsed activewear brand Stax ow...