BANKRUPTCIES & LIQUIDATIONS

BANKRUPTCIES & LIQUIDATIONS (Ñòðàíèöà 33)

Proportion
25 February 2021

BELK DEPARTMENT STORE CHAIN FILES FOR BANKRUPTCY

The largest US retailers continue to experience financial difficulties due to the pandemic. Consumers are reluctant to visit shopping malls, preferrin...

Proportion
24 February 2021

42 VICTIMS OF PANDEMIC: WHAT AIRLINES HAVE BEEN DRIVEN INTO BANKRUPTCY

Aviation has undoubtedly been one of the main victims of the COVID-19 pandemic. Only the sector of tourism can boast of comparable data on the amount ...

Proportion
20 February 2021

THAI AIRWAYS LAYS OFF EMPLOYEES TO AVOID BANKRUPTCY

Thai Airways, Thailand's national carrier, filed for bankruptcy in May last year. The procedure provides for protection from creditors and large-s...

Proportion
19 February 2021

THE LICENSE OF PSA BANK REVOKED BY CENTRAL BANK OF RUSSIA

The Central Bank of Russia has revoked the license of PSA Finance Rus bank. This was done in response to the petition for liquidation, filed by the or...

Proportion
18 February 2021

THE CAPITAL OF CRIMEA IS ON THE VERGE OF BANKRUPTCY

The city of Simferopol is on the verge of bankruptcy - the reason for this is the situation with vehicles, which the Crimean authorities are unable to...

Proportion
17 February 2021

AIR NAMIBIA FILES FOR VOLUNTARY LIQUIDATION

Debt-laden, state-owned Air Namibia has launched a voluntary liquidation process, Namibian Finance Minister Iipumbu Shiimi said. At a press conference...

Proportion
15 February 2021

THE NEW AMERICAN INSOLVENCY LAW MAY BRING APPLE TO BANKRUPTCY

Bill 2333, which has been recently registered in the US, runs the risk of ruining Apple's dominance over other App Store developers. Its initiator...

Proportion
12 February 2021

A CRIMINAL CASE OVER HOMELESS DOGS ATTAKS WAS INITIATED IN RUSSIA FOR THE FIRST TIME

The Investigative Committee for the Krasnoyarsk Territory and the Republic of Khakassia has completed an investigation into the case of the former hea...

Proportion
12 February 2021

91% OF GERMAN BREWERS ARE CONCERNED ABOUT BANKRUPTCY

Covid-19 pandemic became the main reason for the ruin of German brewers. According to the German Brewers' Association (DBB), half of the b...

Proportion
12 February 2021

PREZZO CHAIN IS CLOSING RESTAURANTS IN THE UK

Italian chain Prezzo will permanently close 22 restaurants after being bought out by private equity firm Cain International. As a result of the deal, ...

Proportion
11 February 2021

THE RAILWAY OF MOLDOVA IS AT RISK OF BANKRUPTCY

The state-owned railway company of Moldova is at risk of bankruptcy. International passenger traffic was stopped last spring due to the pandemic, whic...

Proportion
10 February 2021

DISNEY CLOSING DOWN BLUE SKY STUDIOS

Twenty years after creation of the Ice Age movie, Blue Sky studio closes will be closed. The decision to terminate the operations of the company was m...

Proportion
10 February 2021

CHINESE COFFEE CHAIN LUCKIN COFFEE FILES FOR BANKRUPTCY IN THE US

The Chinese coffee chain Luckin Coffee, which has been slowly recovering its business after the scandalous exclusion from the American stock exchange ...

Proportion
9 February 2021

SEADRILL ASIA OIL COMPANY FILES FOR BANKRUPTCY

Seadrill Ltd., the rig operator, has filed for bankruptcy protection for its Asian subdivisions. This happened just after the economic downturn caused...

Proportion
8 February 2021

FRENCH MUSEUMS PREPARING FOR BANKRUPTCIES

The restrictions imposed by the French authorities due to the pandemic could cause mass bankruptcies of large and small museums. The doors of cultural...

Proportion
5 February 2021

AMSTERDAM OFFICIALS AGREED TO CLOSE RED-LIGHT DISTRICT

The capital of the Netherlands may soon be left without one of its main attractions - the red-light district. The reason for this was the immoral beha...

Proportion
4 February 2021

THE LARGEST WINE PRODUCER OF MONTENEGRO IS ON THE BRINK OF BANKRUPTCY

Plantaže, the largest winery in Montenegro, is one step away from bankruptcy. The state-controlled joint-stock company has debts of about ˆ 24 mi...

Proportion
3 February 2021

SHOPPING MALLS OF LATVIA ARE PREPARING FOR BANKRUPTCIES AND UNEMPLOYMENT

The owners of the largest shopping malls in the Baltic republic have addressed the Prime Minister of Latvia and representatives of the branch ministri...

Proportion
3 February 2021

JUUL E-CIGARETTES LEAVING RUSSIAN MARKET

The American company Juul Labs, which is called one of the largest manufacturers of electronic cigarettes, has made a decision to stop operating in Ru...

Proportion
2 February 2021

KNOTEL CO-WORKING SPACES CHAIN FILES FOR BANKRUPTCY

The international chain Knotel failed to withstand the pandemic and filed for bankruptcy protection in the US court. The company intends to go through...