Germany

Europe moved closer to favouring big uninsured depositors over bondholders when imposing losses on a failing bank’s creditors, despite UK-led warnings that the special treatment would have a “perverse effect” on bank funding, the Financial Times repo ...

Daily Headline - global.abi.org - 05/14/2013 - 20:33 - 0 comments

Commerzbank, Germany's second-biggest lender, said it is considering launching a platform to operate ships in a bid to recover higher values from the vessels that it seizes after shipowners fail to service their loans, Reuters reported. The goal of ...

Daily Headline - global.abi.org - 05/14/2013 - 20:34 - 0 comments

side-effects from the financial transaction tax, also known as a “Tobin tax”. It would levy 0.1 per cent on stock and bond trades and 0.01 per cent on derivative deals. Read more. (Subscription required.) ...

Daily Headline - global.abi.org - 05/08/2013 - 21:50 - 0 comments

IVG Immobilien AG, the German company that plans to restructure 4 billion euros ($5 billion) of debt, said its first-quarter loss widened as the value of its properties fell, Bloomberg reported. The net loss swelled to 45.1 million euros from 4.6 million ...

Daily Headline - global.abi.org - 05/08/2013 - 21:51 - 0 comments

For six months Heinrich Traublinger did not manage to fill a vacancy at his bakery near Munich. For about the same length of time, Daniel Henares was looking for work after being laid off from the tyre factory where he worked near Barcelona. Now Mr Henar ...

Daily Headline - global.abi.org - 05/06/2013 - 20:35 - 0 comments

EUROPEAN UPDATE: Group Insolvency Law under Discussion in Germany and Europe (citation: Dr. H. Philipp Esser, Group Insolvency Law under Discussion in Germany and Europe, XXXII ABI Journal 4, 50-51, 103-04, May 2013) - H. Philipp Esser (Europe, ...

Resource Article - abi_editor - 05/03/2013 - 14:53 - 0 comments - 0 attachments

Throughout Europe's debt crisis, northern European leaders have often said they will not stand for taxpayers having to fork out for other countries' problems, and the notion of "taxpayer-funded bailouts" has taken root, Reuters report ...

Daily Headline - global.abi.org - 05/02/2013 - 22:06 - 0 comments

Debt-laden SolarWorld is close to securing financial backing from a Qatari investor, its chief executive said on Thursday, the second major move in a week in its efforts to get back on its feet. "We will publish the size of the potential stake at th ...

Daily Headline - global.abi.org - 05/02/2013 - 22:07 - 0 comments

Commercial Fraud/International/Technology & Intellectual Property (2013 ABI Annual Spring Meeting) - Hon. Judith K. Fitzgerald, David W. Tohn, Cullen Drescher Speckhart (Chapter 15, Europe, Germany, North America, United States) bankrup ...

Resource Article - abi_editor - 04/26/2013 - 11:30 - 0 comments - 0 attachments

NordLB's, one of the world's top ten ship financiers, expects the shipping industry to have passed its darkest hour, though provisions will remain high this year as the sector's recovery is slow, Reuters reported. "There are signs tha ...

Daily Headline - global.abi.org - 04/23/2013 - 23:03 - 0 comments