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Tag: insolvency

Austrian City of Graz Facing Bankruptcy Under Communist Rule

David Boos November 13, 2022

Graz’s audit office director warns that the city council may be disempowered, leaving leadership in the hands of a government commissary. New elections may be pending for 2023.

Looming Insolvency Threatens Completion of Germany’s Gas Terminal

David Boos September 12, 2022

The pipeline component manufacturer Uhlig in Germany is facing insolvency due to exorbitant gas prices, which might delay the completion of the LNG terminals currently under construction.

German Minister of Economy Reinvents ‘Insolvencies’

David Boos September 9, 2022

Does Germany anticipate an insolvency wave this fall? The minister of economy says “No,” adding that companies might “stop production for some time.”

German Toilet Paper Company Now Insolvent

David Boos September 9, 2022

As a result of the gas-intensive drying process of the toilet paper industry, the German company Hakle has now filed for bankruptcy.

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Issue 25, Winter 2023

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