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Germany FTI Touristik Cancels Trips Due to Insolvency
08 Jun 2024 06:06 GMT
… FTI GROUP, also filed for insolvency on June 6th, 2024. Axel … Bierbach was appointed provisional insolvency administrator for both companies.
FTI … , the insolvency administrator, and the DRSF are …
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Insolvency: FTI Touristik GmbH cancels all trips up to and including 05 July 2024
08 Jun 2024 00:55 GMT
… close coordination with the provisional insolvency administrator Axel Bierbach and … upcoming holidays”, said the provisional insolvency administrator Bierbach on Friday in … Munich) was also appointed provisional insolvency administrator for this company.
FTI …
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SpiceJet reaches settlement with Raymach Technologies, vendor to withdraw insolvency case
07 Jun 2024 07:59 GMT
… aviation industries, had filed an insolvency petition against SpiceJet under Section … Raymach initiated proceedings under the Insolvency and Bankruptcy Code (IBC), SpiceJet … , as no application to initiate insolvency proceedings could be admitted for …
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Tweaks to insolvency code may be reviewed
07 Jun 2024 01:50 GMT
… much-awaited amendments to the Insolvency and Bankruptcy Code (IBC), including … .
Any delay in the corporate insolvency resolution process (CIRP) under the … , establishing specialised benches for insolvency, and mandating insolvency petition filing for high …
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UK insolvency rules under scrutiny as timelines extend
06 Jun 2024 15:11 GMT
… Sikka
| Photo: UK Parliament
Insolvency data is always closely analysed … number of registered company insolvencies in England and Wales was … -time critic of the insolvency profession, which he has … March he said: "Insolvency practitioners will feed off …
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Loveholidays issues advice to customers as FTI Group insolvency disrupts travel plans
06 Jun 2024 11:09 GMT
… tour operator in Europe, declared insolvency on Monday June 3, a … are not affected by the insolvency. However, services under the … and Meeting Point, filed for insolvency. This means that a … Economy Ministry referred to this insolvency as "tragic" …
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MNI BRIEF: German Insolvencies Fall For Fist Time Since 2023
06 Jun 2024 11:19 GMT
The number of German firms going bust fell in May, the first decline since November 2023, the Leibniz Institute for Economic Research Halle (IWH) reported on Thursday, although more manufacturing and real estate companies were declared insolvent than at …
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Travel agent issues statement after tour operator files for insolvency
06 Jun 2024 09:46 GMT
… operators - has filed for insolvency.
FTI Group is the parent … and Meeting Point, filed for insolvency.
"This means that a …
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FTI Insolvency Administrator: Support for 60,000 Holidaymakers is Top Priority
06 Jun 2024 09:32 GMT
… instructions.
According to the provisional insolvency administrator, the trips of those … work. According to the provisional insolvency administrator, talks are already underway … 2024 inclusive.
The provisional insolvency administrator will now examine all …
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Retail insolvency rates surge amid weak consumer spending
06 Jun 2024 01:45 GMT
… financial year, we expect that insolvencies in the retail sector will … recorded a 35% increase in insolvency rates over the year to …