Distressed Debt Buyer Applies to Put UK Broadband Operator into Administration

A distressed debt specialist has applied to appoint administrators to broadband provider G.Network a week after taking over the business, in a move towards the first insolvency among the challenger companies in the UK’s telecoms industry for years, the Financial Times reported. FitzWalter Capital, which last week bought G.Network from previous owners USS and Cube Infrastructure Managers, filed to appoint insolvency practitioners on Monday, according to court paperwork.
United Kingdom
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U.S. Judge Rules Orsted Can Continue Work on Rhode Island Offshore Wind Project

A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump's administration halted along with four other projects last month, Reuters reported. The ruling by U.S. District Judge Royce Lamberth is a legal setback for Trump, who has sought to block expansion of offshore wind in federal waters.
Denmark
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Volume of Retail Sales Up 2.5% in Ireland in November as Consumers Took Advantage of Black Friday

The volume of retail sales increased by 2.5 per cent in November compared with a year earlier as consumers took advantage of Black Friday sales, the Irish Times reported. However, the volume of sales was up by just 0.5 per cent compared with October, which may suggest people were still careful with their money despite the opportunity for bargains. Excluding motor trades, the monthly volume of retail sales was up by 0.2 per cent in November and by 1 per cent in the year.
Ireland
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Corporate Insolvencies in Germany Jump 15.2% in December

Corporate insolvencies in Germany surged 15.2% year-on-year in December, according to preliminary data released Monday by the Federal Statistical Office (Destatis), AA.com.tr reported. Final figures showed that corporate insolvencies rose 4.8% annually in October to 2,108 cases. The transportation and warehousing sector recorded the highest insolvency rate in October, with 12.73 bankruptcies per 10,000 companies, followed by the hospitality sector at 10.5 cases per 10,000 companies.

Germany
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Netherland's Annual Bankruptcies Fall by 15%, But Hospitality Businesses Still Failing Faster

Business bankruptcies in the Netherlands fell sharply in 2025, dropping 15 percent from a year earlier, but hospitality companies continued to fail at a faster pace than other sectors, according to new data released Monday by Statistics Netherlands (CBS), NLTimes.nl reported. A total of 3,636 businesses and institutions, including sole proprietorships, were declared bankrupt in 2025. That compares with 4,270 in 2024. The CBS data also show that accommodation and food services remained the most vulnerable sector, with the highest bankruptcy rate at the end of the year.
Netherlands
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Domo Chemicals Shuts Down Production in Eastern Germany Amid Insolvency Crisis

The chemical industry in eastern Germany faces heightened uncertainty following the suspension of operations at Domo Chemicals' three sites in Saxony-Anhalt and Brandenburg, The Munich Eye reported. The Belgian-based company, which specializes in plastics production, has halted manufacturing activities due to unresolved insolvency proceedings and failed financial negotiations. According to official statements, the future of the Leuna site, a key hub for Domo's German operations, remains undetermined.

Germany
Belgium
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German Stockholders Want a Right to Invest Good Money After Bad

In Germany, some small investors who lost everything on companies on the verge of insolvency are complaining that they haven’t been allowed to put more money into the collapsed businesses, Bloomberg News reported. Battery maker Varta AG, auto supplier Leoni AG and communications-equipment company Mynaric AG all used a relatively new process known as StaRUG in the past few years to restructure their debts. In each case, stockholders were wiped out and, when it came time for the company to seek fresh equity capital, they weren’t given rights to subscribe to new shares.
Germany
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