Showing 25 to 36 of 65 results
UK Faces Wave of Business Insolvencies Amidst Tax Hikes and Tariffs
The number of British companies going bankrupt increased by 9% in March 2025 to almost 2000, with a 13% rise in financially distressed firms in Q1, largely impacting hospitality and tourism due to higher taxes and US tariffs, suggesting a potential new wave of insolvencies.
UK Faces Wave of Business Insolvencies Amidst Tax Hikes and Tariffs
The number of British companies going bankrupt increased by 9% in March 2025 to almost 2000, with a 13% rise in financially distressed firms in Q1, largely impacting hospitality and tourism due to higher taxes and US tariffs, suggesting a potential new wave of insolvencies.
Progress
48% Bias Score
German Nursing Home Crisis: Argentum Group Insolvency Highlights Systemic Funding Issues
The Argentum Group, a German nursing home operator, filed for insolvency on April 1st, affecting 40 facilities and 3,100 residents; this is part of a wider crisis affecting over 1,200 facilities in 2023-2024 due to underfunding and delayed payments, despite rising demand from an aging population.
German Nursing Home Crisis: Argentum Group Insolvency Highlights Systemic Funding Issues
The Argentum Group, a German nursing home operator, filed for insolvency on April 1st, affecting 40 facilities and 3,100 residents; this is part of a wider crisis affecting over 1,200 facilities in 2023-2024 due to underfunding and delayed payments, despite rising demand from an aging population.
Progress
48% Bias Score
HPS Home Power Solutions Declares Bankruptcy Due to Unsuccessful Hydrogen Storage System
HPS Home Power Solutions AG, a Berlin-based manufacturer of home hydrogen storage systems, declared bankruptcy in April 2024 due to a €45.7 million loss in 2023 and low market demand for its €60,000 Picea system, leaving 251 employees jobless and creditors with likely unmet claims.
HPS Home Power Solutions Declares Bankruptcy Due to Unsuccessful Hydrogen Storage System
HPS Home Power Solutions AG, a Berlin-based manufacturer of home hydrogen storage systems, declared bankruptcy in April 2024 due to a €45.7 million loss in 2023 and low market demand for its €60,000 Picea system, leaving 251 employees jobless and creditors with likely unmet claims.
Progress
48% Bias Score
English Councils Face Insolvency Over £3.4 Billion Special Education Debt
Eighteen English councils face insolvency due to a £3.4 billion special educational needs deficit, projected to hit £5.2 billion in 12 months, caused by rising EHCP costs and insufficient capacity, forcing the government to decide whether to absorb the debt or extend an accounting override.
English Councils Face Insolvency Over £3.4 Billion Special Education Debt
Eighteen English councils face insolvency due to a £3.4 billion special educational needs deficit, projected to hit £5.2 billion in 12 months, caused by rising EHCP costs and insufficient capacity, forcing the government to decide whether to absorb the debt or extend an accounting override.
Progress
44% Bias Score
Tax Implications of Canceled Debt: Exceptions and Exclusions
When debt is canceled, it's often taxed as income; however, exceptions exist for gifts under $17,000, mortgage debt relief up to $750,000 (2021-2025) on a primary residence, bankruptcy discharges, insolvency, and disputed debts, though complexities and IRS Form 982 or 1099-C filings may apply.
Tax Implications of Canceled Debt: Exceptions and Exclusions
When debt is canceled, it's often taxed as income; however, exceptions exist for gifts under $17,000, mortgage debt relief up to $750,000 (2021-2025) on a primary residence, bankruptcy discharges, insolvency, and disputed debts, though complexities and IRS Form 982 or 1099-C filings may apply.
Progress
40% Bias Score
Northvolt Files for Insolvency, but German Gigafactory Unaffected
Swedish battery manufacturer Northvolt filed for insolvency in Stockholm on [Date], citing rising capital costs, geopolitical instability, supply chain issues, and changing market demand; however, its German and American subsidiaries, along with its Schleswig-Holstein gigafactory project, are unaffe...
Northvolt Files for Insolvency, but German Gigafactory Unaffected
Swedish battery manufacturer Northvolt filed for insolvency in Stockholm on [Date], citing rising capital costs, geopolitical instability, supply chain issues, and changing market demand; however, its German and American subsidiaries, along with its Schleswig-Holstein gigafactory project, are unaffe...
Progress
48% Bias Score
Galeria Kaufhof Underperforms, but Aims for 2025 Profitability Amidst Economic and Safety Challenges
Galeria Kaufhof, a German department store chain, is currently underperforming but expects to be profitable by 2025, facing challenges from decreased consumer spending and safety concerns following city attacks; the company is modernizing stores and has partnered with Decathlon and Lidl.
Galeria Kaufhof Underperforms, but Aims for 2025 Profitability Amidst Economic and Safety Challenges
Galeria Kaufhof, a German department store chain, is currently underperforming but expects to be profitable by 2025, facing challenges from decreased consumer spending and safety concerns following city attacks; the company is modernizing stores and has partnered with Decathlon and Lidl.
Progress
52% Bias Score
Heiterblick Insolvency: Tram Deliveries to Continue
Leipzig tram manufacturer Heiterblick, despite filing for self-administered insolvency, assures continued operation and on-time delivery of trams to Leipzig, Zwickau, and Görlitz; the cities support this plan, viewing the insolvency as a chance for restructuring.
Heiterblick Insolvency: Tram Deliveries to Continue
Leipzig tram manufacturer Heiterblick, despite filing for self-administered insolvency, assures continued operation and on-time delivery of trams to Leipzig, Zwickau, and Görlitz; the cities support this plan, viewing the insolvency as a chance for restructuring.
Progress
36% Bias Score
Spanish School Group's Bankruptcies Spark Investigation
Scientia School, facing multiple bankruptcies and investigations for alleged financial misconduct, has caused significant hardship for families, teachers, and suppliers; its potential links to Seed Education raise further concerns.
Spanish School Group's Bankruptcies Spark Investigation
Scientia School, facing multiple bankruptcies and investigations for alleged financial misconduct, has caused significant hardship for families, teachers, and suppliers; its potential links to Seed Education raise further concerns.
Progress
64% Bias Score
Kodi Sells 150 Stores, 80 to Close Amidst Insolvency
Kodi, a German discount retailer facing insolvency, has agreed to sell 150 of its 230 stores, retaining around 1200 employees, while 80 stores with approximately 480 employees will close, though further investor talks are ongoing.
Kodi Sells 150 Stores, 80 to Close Amidst Insolvency
Kodi, a German discount retailer facing insolvency, has agreed to sell 150 of its 230 stores, retaining around 1200 employees, while 80 stores with approximately 480 employees will close, though further investor talks are ongoing.
Progress
32% Bias Score
Northvolt's Insolvency: Threat to European Battery Production
Following Northvolt's insolvency filing, the IG Metall union is advocating for government intervention to save the planned battery factory in Heide, Germany, highlighting Europe's heavy reliance on Asian battery production (95%).
Northvolt's Insolvency: Threat to European Battery Production
Following Northvolt's insolvency filing, the IG Metall union is advocating for government intervention to save the planned battery factory in Heide, Germany, highlighting Europe's heavy reliance on Asian battery production (95%).
Progress
40% Bias Score
Wanfeng Acquires Insolvent Volocopter for €10 Million
Chinese company Wanfeng is acquiring the insolvent German air taxi manufacturer Volocopter for €10 million, handling the deal through a Berlin-based subsidiary of its Diamond Aircraft company, amid challenges in the urban air mobility sector due to high costs and a lack of certification for commerci...
Wanfeng Acquires Insolvent Volocopter for €10 Million
Chinese company Wanfeng is acquiring the insolvent German air taxi manufacturer Volocopter for €10 million, handling the deal through a Berlin-based subsidiary of its Diamond Aircraft company, amid challenges in the urban air mobility sector due to high costs and a lack of certification for commerci...
Progress
36% Bias Score
Showing 25 to 36 of 65 results