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Published on 02:44 GMT

The bankruptcy of the Signa Real estate empire

It would take a writer of the caliber of Honoré de Balzac or Upton Sinclair to describe the rise and fall of real estate speculator René Benko, whose Signa holding company filed for bankruptcy last Wednesday. Benko is the product and embodiment of a sick …

Source: World Socialist Web Site - Left-wing
Published on Dec 2, 2023

Germany has no time to discuss EU budget bloc official

Olaf Scholz's government is too engrossed in domestic problems at the moment, a commissioner told reporters Faced with pressing domestic issues, the German government has been unable to take part in discussions on EU finances, the bloc's budget …

Source: Phoenix Herald - Arizona - Label Pending
Published on Dec 1, 2023

Germany is too distracted to deal with EU budget talks, Commission says

BRUSSELS ― Political wrangling in Germany is preventing the EU getting a deal on a funding top-up, according to the bloc’s budget commissioner. “The biggest problem is that Germany is so distracted by domestic issues that they literally don’t find time to …

Source: Politico Europe - Neutral
Published on Nov 30, 2023

How will Signa's insolvency affect Germany?

Employees at Germany's Galeria Karstadt Kaufhof department stores, which adorn many of the country's city centers, have long been fearful for their jobs. Corinna Gross, head of the national retail group at Germany's major trade union Verdi, …

Source: Deutsche Welle - Public Broadcaster
Published on Nov 30, 2023

Fast German Sports Cars With Shockingly Low Production Numbers

From Porsche and BMW to Mercedes-Benz and Audi, German automakers have been responsible for some of the best sports cars over the years. Cars such as the Porsche Boxster, and Mercedes-Benz AMG GT have been able to compete with sports cars from Italy and …

Source: HotCars - Neutral
Published on Nov 29, 2023

Chrysler Building's European co-owner files for bankruptcy: 'Rude awakening for investors'

Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of Europe’s property crash. Controlled by Austrian magnate Rene Benko, the group is an owner of …

Source: New York Post - Right-wing
Published on Nov 30, 2023

Real estate development company Signa declares bankruptcy

The Austrian promoter’s debts have reached around five billion euros, according to creditor protection associations KSV1870 and Alpenländischer Kreditorenverband, with 42 employees and 273 creditors affected by the operation. Real estate development …

Source: Brytfmonline - Neutral
Published on Nov 30, 2023

Frasers pulls out of deal to buy Germany’s SportScheck

30 November 2023, 16:44 Frasers Group financials. Picture: PA The retailer said that it would try to buy the business or its assets out of administration. Mike Ashley’s Frasers Group has pulled out of the deal to take over Germany’s SportScheck, which it …

Source: LBC - Label Pending
Published on Nov 30, 2023

Signa group's SportScheck retailer to file for insolvency - reports

'SportScheck' store is seen closed due to the coronavirus disease (COVID-19) pandemic in Munich, Germany, February 5, 2021. REUTERS/Michaela Rehle/File Photo Acquire Licensing Rights BERLIN, Nov 30 (Reuters) - German sporting goods retailer …

Source: Reuters - Neutral
Published on Nov 29, 2023

Austrian real-estate giant Signa to file for bankruptcy

Signa, Austria's real-estate giant, announced on Wednesday that it plans to file for insolvency, following its German subsidiary, which also took the step recently. The holding company will apply for the opening of reorganization proceedings with self- …

Source: Deutsche Welle - Public Broadcaster
Published on Nov 30, 2023

Bild: “Bankrupt Germans sell your islands – Greeks fight back”

Under the title “Now the (ex-)bankrupt Greeks are fighting back – Sell YOUR islands, you broke Germans!,” Bild – on the occasion of the current situation in Germany – “remembers” what they wrote in 2010 about our country, adding: “When the Greeks went …

Source: Greek City Times - Neutral
Published on Nov 30, 2023

After Signa goes bankrupt – what happens now to the Globus department stores? -News

5 The insolvency of the Signa Holding of the Austrian real estate entrepreneur René Benko also affects the Swiss Signa Retail Selection AG. It is one of dozens of affected companies in the Signa conglomerate. Signa Retail Selection AG owns 50 percent of …

Source: Breaking Latest News - Uncategorized
Published on Nov 29, 2023

Austria real-estate giant Signa to file for insolvency

Signa, Austria's real-estate giant, announced on Wednesday that it plans to file for insolvency, after its German subsidiary already took the step. The holding company will apply for the opening of reorganization proceedings with self-administration to …

Source: Deutsche Welle - Public Broadcaster
Published on Nov 30, 2023

Signa Unit Linked to Galeria Store Chain Files for Insolvency

(Bloomberg) -- A Swiss unit of Signa Holding GmbH that’s affiliated with the German Galeria store chain applied for a debt-restructuring moratorium in an attempt to decouple insolvency proceedings from its Austrian parent. Signa Retail Selection AG applied …

Source: BNN Bloomberg - Neutral
Published on Nov 30, 2023

Sports stars who lost their fortunes - as John Barnes' High Court bankruptcy order is dismissed

The High Court has dismissed John Barnes' bankruptcy order after it was revealed in September that the ex-Liverpool winger owed £238,000 in tax. Judge Mark Mullen was told by HM Revenue & Customs (HMRC) officials a debt had been paid by Barnes at a …

Source: Daily Mail - Right-wing
Published on Nov 30, 2023

EstateGuru Shares Latest German Market Loan Update

EstateGuru has shared the latest information on the German portfolio, and their recovery efforts in the market. Navigating the complexities of local legal requirements in Germany has “made resolving the defaults both a time consuming and frustrating …

Source: Crowdfund Insider - Neutral
Published on Nov 30, 2023

Group on the brink – René Benko’s Signa files for bankruptcy – News

6 Signa Holding, owned by Tyrolean real estate investor René Benko, is filing for insolvency at the Vienna Commercial Court today, Wednesday. The company announced this in a communiqué. A restructuring procedure with self-administration is being applied …

Source: Breaking Latest News - Uncategorized
Published on Nov 29, 2023

Globus wants to separate itself from Signa’s bankruptcy, and its department store operations must continue

After the bankruptcy of René Benko’s Signa Holding, other parts of the group are trying to protect themselves. Customers of the Globus chain of stores should not notice any of the disruptions. Will the Thai Central Group acquire the half of Globus …

Source: The Weston Forum - Neutral
Published on Nov 29, 2023

European Property giant Signa files for bankruptcy in Austria

Austrian tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the co-owner of New York’s Chrysler building one of the most prominent casualties of Europe’s property crisis.The filing is a …

Source: Irish Examiner - Neutral

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Published on December 1, 2023 - 23:45 GMT

Whitestone Uptown Tower, LLC Files for Chapter 11 Bankruptcy Protection

DALLAS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Whitestone Uptown Tower, LLC, the owner of the Uptown Tower office building in Dallas, Texas, announced today that it has filed a Chapter 11 voluntary petition for bankruptcy in the United States Bankruptcy Court …

Distribution channels: Media, Advertising & PR, Real Estate & Property Management ...
Published on December 2, 2023 - 15:00 GMT

ROCKLEY SHAREHOLDER ALERT: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who ...

If you suffered losses exceeding $25,000 investing in SC Health Corporation (“SC Health”) (NYSE: SCPE; NYSE: SCPE.WS; NYSE: SCPE.U) and Rockley Photonics Holdings Limited (“Rockley”) (NYSE: RKLY; NYSE: RKLY.WS) securities between March 19, 2021 and January …

Distribution channels: Consumer Goods, Law ...

Published on December 2, 2023 - 15:00 GMT

CAPSTONE SHAREHOLDER ALERT: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who ...

If you suffered losses exceeding $100,000 investing in Capstone securities between June 14, 2021 and September 22, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. …

Distribution channels: Consumer Goods, Law ...
Published on December 2, 2023 - 06:43 GMT

Advancing the mechanism for developing corporate bond market

VIETNAM, December 2 - HÀ NỘI — To build a healthy and sustainable bond market, the Ministry of Finance (MoF) recently met with relevant agencies to discuss measures for enhancing the policy framework for long-term development. At the event, which was …

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Published on December 1, 2023 - 22:14 GMT

PIMCO Dynamic Income Strategy Fund Declares Quarterly Common Share Distributions

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of PIMCO Dynamic Income Strategy Fund (the “Fund”) (NYSE: PDX) has declared a quarterly distribution for the Fund’s common shares. The quarterly distribution is payable on January 2, 2024 to …

Distribution channels: Banking, Finance & Investment Industry ...
Published on December 1, 2023 - 18:10 GMT

HAGENS BERMAN Alerts Li-Cycle Holdings (LICY) Investors to Filing of Securities Fraud Class Action, Encourages Investors ...

SAN FRANCISCO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Li-Cycle Holdings Corp. (NYSE: LICY) investors who suffered substantial losses to submit your losses now. Class Period: June 14, 2022 – Oct. 23, 2023 Lead Plaintiff Deadline: Jan. 8, 2024 …

Distribution channels: Consumer Goods, Law ...
Published on December 1, 2023 - 14:00 GMT

SP Funds Expands Sharia-compliant Funds Suite with a new Global Technology ETF

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Today, SP Funds, North America’s largest family of Sharia-compliant exchange-traded funds (ETFs), revealed the debut of The SP Funds S&P Global Technology ETF (SPTE) on the New York Stock Exchange. SPTE marks …

Distribution channels: Banking, Finance & Investment Industry ...
Published on December 1, 2023 - 13:30 GMT

Worthington Enterprises Completes Separation of Worthington Steel

COLUMBUS, Ohio, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR) formerly Worthington Industries, Inc., a leading industrial manufacturing company, today completed the previously announced separation of its Steel Processing …

Distribution channels: Companies, Energy Industry ...

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Published on December 4, 2023 - 10:00 GMT

Lincoln Green Solicitors Leads the Way In Multiple Dwellings Relief (MDR) Advocacy

MILTON KEYNES, BUCKINGHAMSHIRE, UNITED KINGDOM, December 4, 2023 /⁨EINPresswire.com⁩/ -- Lincoln Green Solicitors has taken the forefront in multiple dwellings relief (MDR) advocacy. With a focus on assisting homeowners in MDR claims, the firm is …

Distribution channels: Business & Economy, Human Rights ...
Published on December 4, 2023 - 09:45 GMT

New York Mesothelioma Victims Center Appeals to Person with Mesothelioma in Buffalo or Anywhere Else in New York State ...

BUFFALO, NEW YORK, USA, December 4, 2023 /⁨EINPresswire.com⁩/ -- The New York Mesothelioma Victims Center says, "We are advocates for people with mesothelioma in New York State and our top priority for a person like this is they receive the …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on December 4, 2023 - 07:03 GMT

Author Laurie Robinson Haden Tells Readers to Use Adversity and Setbacks as a Launching Pad for Success

NEW YORK, NEW YORK, USA, December 4, 2023 /⁨EINPresswire.com⁩/ -- "Time to Shine, A Guide for Professionals of Color on How to Advance Their Career," written by Author Laurie Robinson Haden, is her clarion call to women of color. It …

Distribution channels: Book Publishing Industry, Culture, Society & Lifestyle ...
Published on December 4, 2023 - 05:15 GMT

Jody Ross, VP Sales, AMAG Technology, Talks About The Solution For “Sunsetted" Casi Rusco Access Control Systems

“In The Boardroom™” on www.SecuritySolutionsWatch.com NEW YORK, NEW YORK, UNITED STATES, December 4, 2023 /⁨EINPresswire.com⁩/ -- SecuritySolutionsWatch.com: Congratulations, Jody, on nearly two decades with AMAG ! (www.AMAG.com) Thank you for …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on December 3, 2023 - 18:00 GMT

My Ambition Consulting Proves Expertise in Employer-Sponsored Visa Applications in Australia

My Ambition Consulting has successfully helped thousands of applicants secure ENS visas and employment with partner employers in Australia. PARRAMATTA, NSW, AUSTRALIA, December 3, 2023 /⁨EINPresswire.com⁩/ -- My Ambition Consulting, a leading …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on December 3, 2023 - 15:25 GMT

Alexander Ozawa, 19, announces run for Mililani’s State House District 38

The Mililani native and state budget analyst launches his campaign at the 36th Annual Mililani Holiday Parade. MILILANI, HAWAII, UNITED STATES, December 3, 2023 /⁨EINPresswire.com⁩/ -- Joining community leaders and resident revelers in the 36th …

Distribution channels: Education, Law ...
Published on December 3, 2023 - 15:15 GMT

GenLaw Legal Summaries Combines Artificial Intelligence with a Human Touch

The Obsolescence of Human Only Generated Legal Transcript Summaries SANTA CRUZ, CA, UNITED STATES, December 3, 2023 /⁨EINPresswire.com⁩/ -- Redefining Deposition Summaries: The Obsolescence of Solely Human-Generated Methods of Producing Legal …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2023 - 02:00 GMT

DOLLAR GENERAL ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against ...

NEW YORK, Dec. 03, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Dollar General Corporation (“Dollar General” or the “ …

Distribution channels: Consumer Goods, Law ...
Published on December 4, 2023 - 00:06 GMT

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages National Instruments Corporation Investors to Secure Counsel Before ...

NEW YORK, Dec. 03, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of sellers of common stock of National Instruments Corporation (NASDAQ: NATI) between May 25, 2022 …

Distribution channels: Consumer Goods, Law ...
Published on December 3, 2023 - 23:30 GMT

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Fisker Inc. Investors to Secure Counsel Before Important Deadline ...

NEW YORK, Dec. 03, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Fisker Inc. (NYSE: FSR) between August 4, 2023 and November 20, 2023 …

Distribution channels:
Published on December 3, 2023 - 18:55 GMT

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Barclays PLC Investors to Secure Counsel Before Important Deadline in ...

NEW YORK, Dec. 03, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Barclays PLC (NYSE: BCS) (OTC: BCLYF) between July 22, 2019 and October 12, 2023, both dates inclusive (the “Class …

Distribution channels: Consumer Goods, Law ...
Published on December 3, 2023 - 18:35 GMT

ROSEN, LEADING TRIAL ATTORNEYS, Encourages Blue Ridge Bankshares, Inc. Investors to Inquire About Securities Class ...

NEW YORK, Dec. 03, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Blue Ridge Bankshares, Inc. (NYSE American: BRBS) resulting from …

Distribution channels: Consumer Goods, Law ...
Published on December 3, 2023 - 17:57 GMT

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages James River Group Holdings, Ltd. Investors with Losses to Secure Counsel ...

NEW YORK, Dec. 03, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of James River Group Holdings, Ltd. (NASDAQ: JRVR) between August 7, 2023 and November 7, 2023, both dates inclusive (the “ …

Distribution channels: Consumer Goods, Law ...
Published on December 3, 2023 - 16:21 GMT

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Paycom Software, Inc. Investors to Secure Counsel Before Important ...

NEW YORK, Dec. 03, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Paycom Software, Inc. (NYSE: PAYC) between May 3, 2023 and November 1, 2023, both dates inclusive (the “Class Period …

Distribution channels:
Published on December 3, 2023 - 16:21 GMT

רוזן, יועץ למשקיעים המדורג ראשון, מעודד את משקיעי Paycom Software, Inc לקבל ייעוץ לפני תאריך יעד חשוב בתביעה ייצוגית בניי...

ניו יורק, Dec. 03, 2023 (GLOBE NEWSWIRE) -- מדוע: משרד רוזן עורכי דין, The Rosen Law Firm, משרד עורכי דין בינלאומי העוסק בזכויות משקיעים, מזכיר לרוכשים את ניירות הערך של Paycom Software, Inc. (NYSE: PAYC) בין התאריכים 3 במאי 2023 עד 1 בנובמבר 2023, שני …

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Published on December 3, 2023 - 03:55 GMT

New Graduating Class of Certified Product Safety Professionals™ Announced

Candidates represented different industries and various disciplines in their product safety roles ARLINGTON, VIRGINIA, UNITED STATES, December 2, 2023 /⁨EINPresswire.com⁩/ -- Eight product safety professionals have earned the designation Certified …

Distribution channels: Business & Economy, Companies ...
Published on December 3, 2023 - 14:45 GMT

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages SunPower Corporation Investors to Secure Counsel Before Important Deadline ...

NEW YORK, Dec. 03, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SunPower Corporation (NASDAQ: SPWR) between March 9, 2023 and October 24, 2023, both dates inclusive (the “Class Period …

Distribution channels: Consumer Goods, Law ...
Published on December 3, 2023 - 14:45 GMT

רוזן, יועץ למשקיעים מהימן, מעודד את משקיעי SunPower Corporation לקבל ייעוץ לפני תאריך יעד חשוב בתביעה ייצוגית בניירות ערך...

ניו יורק, Dec. 03, 2023 (GLOBE NEWSWIRE) -- מדוע: משרד רוזן עורכי דין, The Rosen Law Firm, משרד עורכי דין בינלאומי העוסק בזכויות משקיעים, מזכיר לרוכשים את ניירות הערך של SunPower Corporation (נאסד"ק: SPWR) בין התאריכים 9 במרץ 2023 עד 24 באוקטובר 2023 …

Distribution channels: Consumer Goods, Law ...
Published on December 3, 2023 - 13:45 GMT

ROSEN, LEADING INVESTOR COUNSEL, Encourages The Beauty Health Company Investors to Secure Counsel Before Important ...

NEW YORK, Dec. 03, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of The Beauty Health Company (NASDAQ: SKIN) between May 10, 2022 and November 13, 2023, both dates inclusive (the “Class …

Distribution channels: Consumer Goods, Law ...
Published on December 3, 2023 - 13:45 GMT

רוזן, יועץ השקעות מוביל, מעודד את משקיעי The Beauty Health Company לקבל ייעוץ לפני מועד חשוב בתביעה ייצוגית בניירות ערך –...

ניו יורק, Dec. 03, 2023 (GLOBE NEWSWIRE) -- מדוע: משרד רוזן עורכי דין, The Rosen Law Firm, משרד עורכי דין בינלאומי העוסק בזכויות משקיעים, מזכיר לרוכשים את ניירות הערך של The Beauty Health Company (נאסד"ק: SKIN) בין התאריכים 10 במאי 2022 עד 13 בנובמבר …

Distribution channels: Consumer Goods, Law ...