Results for Germany
- Managers Back In Court In Teldafax Insolvency Case
The trial against three former managers of the independent utilities discounter Teldafax resumed on Monday, putting an end to a nearly year-long suspension, Deutsche Welle reported. Last February, Teldafax's former senior executives, Klaus Bath, ...
Daily Headline - global.abi.org - 01/26/2015 - 22:09 - 0 comments
- The Nürburgring and state aid
Jens Lieser & Dr. Alexander Jüchser In July 2012 the Nürburgring GmbH, 90% owned by the state of Rhineland-Palatine and 10% owned by the district of Bad Neuenahr-Ahrweiler, and two of its subsidiaries, filed for insolvency administration in acc ...
Resource Article - abi_admin - 01/21/2015 - 11:43 - 0 comments - 1 attachment
- German Landesbanken: Lost A Fortune, Seeking A Role
A bank backed by authorities in Europe’s most solvent economy should hardly be considered risky, The Economist reported in an analysis. Yet it came as a surprise to many that HSH Nordbank, a lender majority-owned by two northern German states, even p ...
Daily Headline - global.abi.org - 01/08/2015 - 22:38 - 0 comments
- France and Germany Push Athens on Bailout Commitments
Europe has returned to the signature brinkmanship of the debt crisis that brought its currency union close to collapse five years ago: France and Germany are again warning Greece it is putting its eurozone membership at risk, The Wall Street Journal ...
Daily Headline - global.abi.org - 01/05/2015 - 21:05 - 0 comments
- Berlin Insists It Expects Greece To Remain In Eurozone
Germany has insisted that it expects Greece to stay in the eurozone, despite a news report claiming Berlin was ready to see Athens quit the common currency if the populist Syriza party wins this month’s snap election and reneges on the country’s reform p ...
Daily Headline - global.abi.org - 01/04/2015 - 21:11 - 0 comments
- Allianz Lead Reinsurer To Missing AirAsia Plane
Allianz could be exposed to claims of at least $100 million linked to the AirAsia jet missing off the Indonesian coast with 162 people on board, which would be the third major airline accident it has been exposed to this year, the Irish Times reporte ...
Daily Headline - global.abi.org - 12/29/2014 - 22:21 - 0 comments
- BitComposer Files For Insolvency
German developer and publisher BitComposer has filed for insolvency. The studio claimed its own problems stemmed from “the financial difficulties of its suppliers in game development”. As a result, it said, it could not complete work on its new titles an ...
Daily Headline - global.abi.org - 12/16/2014 - 22:58 - 0 comments
- Germany May Face €500 Million Hypo Real Estate Compensation Bill
Germany could be left with a €500 million compensation bill after a Munich court ruled that property lender Hypo Real Estate (HRE) falsified accounts and misled investors about its exposure to the financial crisis, the Irish Times reported. The Germa ...
Daily Headline - global.abi.org - 12/15/2014 - 23:04 - 0 comments
- Shuttered German Burger King Restaurants To Reopen This Week
German Burger King restaurants that were shut down last month in a row between their operator and the U.S. fast food company will re-open this week, Burger King Germany said on Monday, Reuters reported. Twenty-six of the 89 outlets will open their doors ...
Daily Headline - global.abi.org - 12/15/2014 - 23:06 - 0 comments
- German Family-Owned Businesses Fear Tax Blow From Court Ruling
Germany’s family-owned companies, the backbone of the country’s economic strength, fear they may have to scale back investments and cut jobs if a top court this week orders an overhaul of inheritance tax rules, the Financial Times reported. The feder ...
Daily Headline - global.abi.org - 12/14/2014 - 23:23 - 0 comments