Latest news
Administrators to realise assets of major kitchen distributor
Waterline Limited, one of the UK's largest independent kitchen and bathroom distributors, founded in 1947, has entered administration and will be wound down after a search for a buyer failed. The company,…
Ten hauliers collapse every day: insolvency crisis deepens in France
This crisis is evidenced by 645 insolvencies in Q2 2025 alone, a 55% rise over two years. This surge is driven by a deep structural problem: French hauliers have the lowest profit margins in Europe, at…
Swiss private bank, Julius Baer faces credit losses from insolvent Degag Group
As reported by Reuters, Swiss private bank Julius Baer, one of the largest and oldest in Switzerland, is facing significant credit losses from its exposure to the insolvent German property firm, Degag…
Braathens Regional Airlines enters financial reorganisation
Swedish carrier BRA, Braathens Regional Airlines and its subsidiary Braathens Regional Airways have begun a court-approved financial restructuring process, similar to US Chapter 11, to secure the future…
