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Business bankruptcy

News

Argentina continues its default dance with the 'vultures'

With no last-minute deal Argentina is in technical default on repaying some of its debts, which sent supporters of President Cristina Fernández de

With no last-minute deal Argentina is in technical default on repaying some of its debts, which sent supporters of President Cristina Fernández de

Business

Spain: Gowex offices searched after bankruptcy filing

The offices of Spanish wireless networks provider Gowex have been searched by investigators on the orders of a judge, one day after it filed for

The offices of Spanish wireless networks provider Gowex have been searched by investigators on the orders of a judge, one day after it filed for

Europe

Help! My business is collapsing

It is the hope of any business: achieving sustainable growth and confidence. But in these tough economic times it has become increasingly difficult

It is the hope of any business: achieving sustainable growth and confidence. But in these tough economic times it has become increasingly difficult

Europe

Fierce debate over “bankruptcy tourism”

As Brussels considers reforming European insolvency laws, to modernise rules drawn up 12 years ago, there is growing debate about the practice of

As Brussels considers reforming European insolvency laws, to modernise rules drawn up 12 years ago, there is growing debate about the practice of

Europe

The human impact of insolvency

Right On’s Seamus Kearney spoke to the owner of an insolvent business in Berlin to get a feel for the human impact of a business collapsing. He also

Right On’s Seamus Kearney spoke to the owner of an insolvent business in Berlin to get a feel for the human impact of a business collapsing. He also

Business

Business Planet battles bankruptcies

One of Europe’s hard realities is the fact that only one in two companies lasts five years or more. 90% of bankruptcies are due to liquidity

One of Europe’s hard realities is the fact that only one in two companies lasts five years or more. 90% of bankruptcies are due to liquidity

Business

End of the road for Spanish motorway

The AP-41 motorway linking Madrid and Toledo has gone bankrupt as Spanish motorists steer clear of toll-roads to save money. There are 21 companies

The AP-41 motorway linking Madrid and Toledo has gone bankrupt as Spanish motorists steer clear of toll-roads to save money. There are 21 companies

Business

Knight rescue means pain for shareholders

They were once market makers in over 500 stocks, a giant of Wall Street with their own trading floor, but now mighty Knight Capital Group has been

They were once market makers in over 500 stocks, a giant of Wall Street with their own trading floor, but now mighty Knight Capital Group has been

Business

Fourtout to the rescue...again

French conglomerate Vivendi has called on Jean-Rene Fourtou, who already saved the company once a decade ago, to take the wheel again. The

French conglomerate Vivendi has called on Jean-Rene Fourtou, who already saved the company once a decade ago, to take the wheel again. The

News

Flights grounded as Spanair runs out of cash

Financial problems have grounded loss-making airline Spanair, for good. This weekend alone 380 domestic and international flights with the

Financial problems have grounded loss-making airline Spanair, for good. This weekend alone 380 domestic and international flights with the

News

Flights grounded as Spain's Spanair stops trading

Financial problems have grounded loss-making Spanish airline Spanair, for good.   All flights with the Barcelona-based firm have been suspended

Financial problems have grounded loss-making Spanish airline Spanair, for good.   All flights with the Barcelona-based firm have been suspended

Business

Is the final act of the Greek tragedy about to begin?

The Athens government has launched another, more drastic austerity package that some see as the desperate final act of the Greek debt crisis. Can

The Athens government has launched another, more drastic austerity package that some see as the desperate final act of the Greek debt crisis. Can