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Almost 7,000 construction firms in danger of bankruptcy

The construction sector faces a significant financial crisis, with nearly 7,000 firms in the UK teetering on the brink of bankruptcy. This concerning figure emerged from the latest Red Flag Alert report…

Norwegian owned global shoe retailer files for bankruptcy in Sweden

Stockholm-based sneaker retailer Sneakersnstuff has filed for bankruptcy after 26 years in business. The news, first reported by Ehandel.se, was confirmed by co-founder Peter Jansson, who expressed hope…

Germany Faces Unprecedented Bankruptcy Surge Since 2009

Reported in EU Today, Germany is experiencing its highest corporate bankruptcy rates since 2009, driven by rising costs, high interest rates, and reduced state support.    According to a study conducted…

Preventive Restructuring in Ukraine: Lessons learned from EU Member States

Pravo-Justice and INSOL Europe joined forces for a webinar on 24 January 2025 further to the implementation of the Directive (EU) 2019/1023 on Restructuring and Insolvency in Ukraine. Indeed, on 22 October…

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