Company Bankruptcies Rise by 22% in 2024

Liabilities are also expected to increase by 31%, with the rise mainly due to a string of high-profile insolvencies.
Court Rejects Signa’s Restructuring Plan in Historic Collapse

The Vienna Higher Regional Court has upheld an appeal by the Republic of Austria, rejecting the restructuring plan of the collapsed developer Signa in Austria’s largest-ever bankruptcy.
High Bankruptcy Numbers Expected in 2024

Nearly 2,100 business bankruptcies have been filed so far this year, marking the highest number in a half-year period in 15 years.