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Renovation planned – After bankruptcy: How much will the rescue of Pierer KTM cost?
Debts of around two billion euros, almost 3,300 creditors and more than 3,600 employees worried about their jobs - KTM's bankruptcy is one of...
New KSV research: overestimating one’s own self increasingly leads to downfall
The creditor protectors of KSV1870 have investigated the causes of private insolvencies. According to the association's analysis, 'personal debt' as a result of a...
Cancellation of Peschorn – Republic does not agree to the renovation of Signa
Monday is a crucial day for the future of the Signa Group, founded by Rene Benko. In the afternoon, creditors of real estate...
Many open questions – Signa insolvency: ask about a creditors’ committee
To guarantee an orderly and, above all, transparent insolvency procedure, the credit protectors advocate the establishment of a Signa creditors committee.This should be set...
Don’t lose heart – Debt Trap: What Personal Bankruptcy Means
With 8,176 debt settlement procedures opened last year, 13 percent more cases were registered than in 2021. "Personal error" (28.1 percent) is the most...
