Romanian Airline AnimaWings Enters Insolvency as Flights Remain Grounded

The Bucharest Tribunal opened insolvency proceedings for Romanian airline AnimaWings on 28 October 2026. The airline first applied in September, seeking to restructure its debts and continue flying. The…

Poundland close to collapse as new directors head for exit

British retail chain Poundland faces the prospect of insolvency as three recently appointed directors prepare to resign following a dispute with majority owner Gordon Brothers, Sky News reports. The disagreement…

Insolvency: Galeria files for bankruptcy for the fourth time

German department store chain Galeria has applied for insolvency proceedings at the Düsseldorf District Court, following previous filings in 2020, 2022 and 2024. According to Logistik Heute’s report…

​Portobello, new partner and composition hearing set for October 28

Italian retailer Portobello will appear before the Court of Rome on 28 October 2026 to present measures intended to keep its restructuring plan on track. The hearing follows the judicial liquidation of…