France - Cour d'appel von Versailles vom 19.1.2012

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…

Novo Nordisk to lay off 9,000 workers as new CEO aims to save $1.3B per year by late 2026

The global healthcare company headquartered in Denmark and makers of Ozempic and Wegovy, is undertaking a major shake-up. New CEO Maziar Mike Doustdar announced in September that the company will cut…