Elsa goes offline
News The Web site of German graphics board maker Elsa went offline this weekend, two days after the company announced it was considering filing for insolvency. On Thursday Elsa announced it was considering filing for insolvency after a banking...
[February 11, 2002, 16:01]
Insolvent BenQ Mobile faces liquidation
News Insolvency proceedings were opened in Germany on Monday, after administrators were unable to find any investors willing to buy the struggling company. Under German law, a company has three months' grace after filing for bankruptcy before formal...
[January 2, 2007, 13:00]
DRAM-maker Qimonda files for insolvency
News German insolvency law offers the opportunity to accelerate the restructuring process that has already been started in order to reposition the company back onto a solid base," Kin Wah Loh, Qimonda's president and chief executive officer, said in a...
[January 26, 2009, 14:37]
Online food exchange collapses
News Kroll Buchler Phillips, the London insolvency practitioner is handling the case and confirmed Thursday that the whole company which is funded by an American investment group has gone into liquidation.
[September 15, 2000, 7:30]
Tesco looks to conquer America
News Peapod, the other big player in the US market, had to be rescued from insolvency by Royal Ahold, an international food products company. But the company has hit hard times since then, and the stock was recently trading at about 9 cents per share.
[June 29, 2001, 15:08]
Another flat-rate ISP bites the dust
News Connect25 is now proceeding towards liquidation, said a representative of insolvency firm Elwell, Watchorn and Saxton, which has been appointed to handle the proceedings. Leicestershire Trading Standards office said it has received hundreds of...
[April 19, 2001, 15:09]
Clickmango hopes fizzle
News Rather than risk insolvency, we must now close the business to meet our contractual obligations to our creditors and to our staff," said clickmango co-founder Robert Norton in a prepared statement. It appeared for a time that the company might be...
[September 5, 2000, 16:47]
Motorola posts first loss in 15 years
News We foresee no near-term danger of insolvency, however we have little faith that management is making sufficient progress in dealing with key issues across the business segments. Analysts originally pegged company for a profit of 12 cents a share.
[April 11, 2001, 9:13]
Phone maker details Microsoft divorce
News But Microsoft refused, knowing "full well it would push Sendo towards insolvency", Sendo attorneys claim in the suit. UK-based cell-phone maker Sendo has revealed more details of its lawsuit against Microsoft, accusing the software company of...
[January 14, 2003, 7:30]
Second-hand Microsoft licences take off
News It emerged last November that it was legal to trade in used licences for Microsoft software, thanks to a loophole in British insolvency laws and a clause within many Microsoft licences that permits disused or unwanted volume licences to be...
[April 7, 2006, 16:00]
Biscit falls into administration
News A spokesperson for company insolvency specialist Piper Thompson confirmed it had been appointed as the administrator for Biscit on Monday, and that the search for a buyer is underway. In the latest twist for customers of Biscit, it has emerged that...
[March 8, 2007, 12:55]
Microsoft licensing prices tipped to fall
News Discount Licensing is taking advantage of British insolvency laws and a clause within many Microsoft licences that permits disused or unwanted volume licences. The company claims be selling its licences at a discount of around 20 to 50 percent...
[November 14, 2005, 16:10]
Intel Atom sales boost global chip market
News On Friday, Intel warned the credit crisis could hurt demand for its chips and lead to the insolvency of key suppliers, potentially resulting in product delays. The company is to publish a mid-quarter update on 4 December.
[November 4, 2008, 12:20]
Bulldog fixes broadband problems
Talkback If, like for many businesses, the internet is business critical, being without it for 3 days could surely force us into financial difficulty, even insolvency. Even more astonishing is the fact that they refuse to do anything unless we pay the bill...
[August 3, 2006, 16:02]
UK firm sells second-hand Microsoft licences
News A loophole in British insolvency laws and a clause within many Microsoft licences that permits disused or unwanted volume licences to be transferred has enabled Disclic to sell the licences legally — and at a discount of around 20 to 50 percent...
[November 10, 2005, 15:00]
Rupert Goodwins' Diary
Blog Otherwise, we may just see the company collapse -- mass resignations, possible legal action, insolvency -- in any one of a number of interesting ways. First, SCO's parent company, Canopy Group, is in the middle of internecine warfare.
[February 18, 2005, 16:50]
Novell: SCO insolvency 'imminent' and 'inevitable'
News A company spokesman told Internetnews.com that: "This is unquestionably Novell FUD [fear, uncertainty and doubt] and irresponsible of them to make such comments. Novell has claimed that SCO, the US firm conducting various legal campaigns over the...
[January 11, 2007, 13:41]
Colt insolvency case result due Friday
News In its defence, Colt has stated that the company is "stongly solvent", with assets of £977m, and expects to be cash flow positive in 2005. If Colt is forced into administration and a debt-for-equity swap, Highberry could own a substantial part of...
[December 18, 2002, 9:46]
