Tag: Insolvency proceedings
Plans for Galeria Kaufhof Karstadt: New owners hope to open on Sundays
As of: May 10, 2024 7:43 p.m This is already the third insolvency at Galeria – but now things are really set to get better. One of the new owners’…
Galeria: New owners want to invest up to 100 million
As of: May 10, 2024 2:06 p.m Closing branches, cutting jobs – but also modernizing with up to 100 million euros: these are the plans of the new Galeria owners.…
Insolvency proceedings opened for Galeria Karstadt Kaufhof
As of: April 2nd, 2024 11:55 a.m The rescue of Galeria Karstadt Kaufhof has become a little more likely. The Essen district court has opened insolvency proceedings for the floundering…
Bankruptcy: Benko’s long arm in Germany
How independent are the insolvency proceedings against René Benko? Some things seem strange: It looks like things aren’t going so badly for the Tyrolean wonderwuzzi after all. source site
Number of major bankruptcies at record level
As of: November 27, 2023 10:04 a.m According to a study, the number of major bankruptcies in Germany increased significantly in the first nine months of this year. The construction…