All Bankruptcy articles
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ArticleNorwegian investor acquires Cake after bankruptcy
Espen Digernes, a Norwegian investor and CEO of Brages Bilforretning AS, a Toyota and Lexus dealership in Ålesund and Kristiansund, Norway, has acquired Cake, according to Swedish newspaper Breakit. The Swedish manufacturer of electric motorcycles had to file for bankruptcy in early February after the exit of a major investor ...
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News briefsEnthusiastic friends unite to save Swedish outdoor store from closure
For over 50 years, Friluftsvaror has been dedicated to making outdoor life accessible to all. When the Malmö store faced closure due to bankruptcy, it stirred strong emotions among customers and outdoor enthusiasts in the southern parts of Sweden. Four individuals, bonded by their love for the outdoors, formed the ...
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ArticleRenewcell files for bankruptcy
After the Swedish textile recycler postponed its annual report for the second time for economic reasons, the Board of Directors decided on Feb. 25 to file for bankruptcy of Re:NewCell AB (Renewcell). The bankruptcy petition will be filed with the Stockholm District Court. The reason for the decision to file ...
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ArticleSSU: What has happened so far – and what may still come
In a joint statement, the two insolvency administrators appointed, Dr. Christian Gerloff from the Munich law firm Gerloff-Liebler Rechtsanwälte and Stefan Meyer from Ulm-based Pluta Rechtsanwalts GmbH, point out that the operational business of the two insolvent Signa Sports United (SSU) spin-offs Tennis-Point GmbH and Internetstores GmbH (alias Internetstores Group, ...
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ArticleGreenstorm Mobility faces termination of operations
On July 12, the Austrian e-mobility concept pioneer Greenstorm Mobility GmbH filed for insolvency. The Innsbruck regional court now has jurisdiction over the Kufstein-based company. Attorney Philip Paumgarten of the law firm Rechtsanwälte Waldbauer, Paumgarten, Naschberger und Partner was appointed as insolvency administrator. A once award-winning concept seems no longer ...
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News briefs
Wearcolour Sweden files for bankruptcy
(SGI) As reported in Sportfack , the Swedish industry magazine, Wearcolour Sweden , a Swedish brand of anoraks, ski jackets and trousers with distinctive color blocking that also owns the Void Cycling trademark, went bankrupt on Feb. 11 at its own request in Gothenburg. A notice on its ...
