State Reports

EIT Manufacturing files for liquidation

EU-funded innovation body, EIT Manufacturing, headquartered in Paris-Saclay, filed for liquidation on March 25, 2026, following a massive fraud investigation. The collapse stems from ‘serious irregularities’…

What is the £1.3bn MFS mortgage scandal and what is private credit?

The collapse of Market Financial Solutions (MFS) in early 2026 has sent shockwaves through the private credit market. The UK-based bridging lender entered administration following allegations of a massive…

German manufacturer Kelheim Fibres Cease Operations

Kelheim Fibres GmbH announced that it would terminate all business operations by March 31, 2026, after failed restructuring efforts. Despite undergoing a self-administration process, a potential strategic…

Insolvency of Austria’s Nothegger

On March 9, 2026, the Regional Court of Innsbruck opened insolvency proceedings for Nothegger Transport Logistik, a major Tyrolean haulage firm. The move followed a petition by the Austrian Health Insurance…