PLUTA attorney Dr Kaufmann appointed provisional administrator for long-standing logistics company
PLUTA restructuring expert Dr Christian Kaufmann is involved in proceedings for another company from the logistics sector, which is currently facing major challenges. On 5 January 2021, the Local Court of Syke ordered provisional insolvency proceedings to be opened for the assets of Louis Neukirch GmbH from Stuhr, near Bremen. Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH was appointed provisional administrator for the long-standing company, which was founded in 1824 and has therefore been in business for almost 200 years.Webinar Recording: How to Lose a President in 10 Days
The Rodgers Reidy January 2021 webinar featuring Brent Morgan (Rodgers Reidy - Melbourne) and Wayne P. Weitz, CTP (B Riley Advisory Services - New York) where they discuss the current situation in the United States surrounding the presidential election, inauguration, impeachment, riots and others matters, including the effect it may have on the Australian economy and business can be watched in the video in the link below.Brexit deal offers businesses new freedoms and red tape
An hour before New Year’s Day, at 11pm on 31 December 2020, the UK completed its formal departure from the European Union (EU). It was an unceremonious conclusion to the four-and-a-half-year saga since the referendum. Nevertheless, a new era has now begun – with new freedoms and new bureaucracies. On Christmas Eve, the EU-UK Trade and Cooperation Agreement (TCA) was agreed. Together with 2019’s Withdrawal Agreement, these two treaties now govern the UK’s future trading relationship with its largest, and nearest, neighbour – worth around £670bn in 2019.Covid debt mountain looms when pandemic finally brought to heel
The latest UK national lockdown represents a new kind of challenge for the Government: to articulate to Covid-weary households and businesses that things will soon get better, but first they will worsen. An ambitious national vaccination campaign is underway, raising hopes that the end of the pandemic is in sight. However, at the same time we are in the grip of the virus with rates of infection soaring, exacerbated by a virulent new strain. The latest lockdown aims to protect the NHS and save lives, but it will also increase business failures. Indeed, once Covid-19 is finally brought to heel, the next challenge will be the Covid corporate debt mountain, amassed by companies forced to accept additional leverage through government loan schemes to bolster their survival prospects.Retail and hospitality braces for a bleak winter as covid-19 takes its toll
In the run-up to Christmas, new data from leading insolvency firm, Begbies Traynor, has revealed the full impact of the Covid-19 crisis and tough trading conditions, which shows that nearly 40,000 (39,232) retailers – including both online and bricks and mortar stores – are now in significant financial distress.Find the right professional using the below dropdowns. Our reach covers the globe with a network of over 300 offices.
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