bankruptcy

Bankruptcy
Sep 11 '17 11:10

The number of companies in the Netherlands being declared bankrupt continues to decrease. In August 39 fewer companies were declared bankrupt than in July, Statistics Netherlands reported on Monday. The number of bankruptcies in the Netherlands is now at its lowest level since 2001. 

A total of 258 companies and institutions, excluding sole proprietorships, were declared bankrupt in August. The trade sector saw the most bankruptcies with 67, followed by financial institutions (35) and the construction industry (25). 

Eggs
Aug 28 '17 15:00

Claim organization Massaclaim is intervening in the so-called The organization launched a where affected poultry farmers can register for support in dealing with the problems resulting from millions of eggs being recalled from supermarkets because they contain too high quantities of toxic insecticide fipronil.

Witteveen
Aug 22 '17 17:00

Bankrupt women's fashion chain Witteveen is making a restart. A group of Dutch investors, united in the newly established Witteveen Retail B.V., signed a restart agreement with the bankruptcy administrator, the administrator announced on Tuesday, NU.nl reports. 

Witteveen currently has 72 stores. The new owners want to keep as many of these stores, and the jobs in them, as possible. How many stores can be saved will depend on, among other things, the negotiations with the landlords. Before the bankruptcy, Witteveen had 94 stores and 400 employees.

Carton of eggs
Aug 10 '17 08:17

Dutch food and consumer product safety authority NVWA denies that it first learned that eggs were maybe contaminated by toxic fipronil in November last year. The authority did receive a report about fipronil in that month, but that report only stated that it had been used to clean stables - there was no reason to believe that it could end up in eggs and pose a potential health risk, inspector general Rob van Lint said on Wednesday, RTL Nieuws reports.

Tuunte Fashion
Aug 9 '17 13:30

Fashion chain Tuunte was declared bankrupt by the court in Zutphen on Tuesday, director Louis van Andel announced. He already informed the 250 employees working in the 45 Tuunte stores. The stores will likely remain open for the time being, and a bankruptcy administrator will investigate whether a restart is possible, ANP reports.

Witteveen
Aug 9 '17 12:50

The bankruptcy administrator working on fashion chain Witteveen has good hope that a restart will be possible and that as many jobs as possible will be reserved, he said in a press release. According to administrator Rinke Dulack, "a fair number of candidates" signed up to realize a restart for the bankrupt company, NU.nl reports.

Dulack made a selection from the candidates and is discussing a possible restart with a number of parties. He added that the process may "take some time". 

Witteveen
Jul 27 '17 09:10

There is a real chance that may be saved. Other retail chains showed interest in a full or partial acquisition of the struggling company, the Telegraaf reports based on sources around bankruptcy curator Rinke Dulack of Utrecht law firm Van Benthem & Keulen.

Witteveen
Jul 26 '17 09:34

Dutch women's fashion brand Witteveen was declared bankrupt, the Telegraaf reports. The 98 stores in the chain may not be open on Wednesday and the about 400 employees will be left on the streets, according tot he newspaper.

The bankruptcy came as a result of excessive outstanding taxes. According to the newspaper, the Tax Authorities requested the bankruptcy because the company would not hold to a payment scheme. 

Jan 24 '17 17:00

The number of personal bankruptcies dropped to its lowest level since 2000 in 2016, continuing the downward trend of the last three years, Statistics Netherlands said on Tuesday. Last year there were a 1,545 personal bankruptcies in the Netherlands, about a quarter less than in 2015 and 62 percent less than in 2013. 

According to Statistics Netherlands, the decrease can be attributed to the fact that economic conditions in the Netherlands improved significantly since 2013. 

Police
Jan 10 '17 08:11

The former director of a bankrupt family business in Rijswijk is the main suspect in a  ice skating stadium in Heerenveen on Saturday. Businessman Bert Jonker was injured in the shooting. Jonker's company picked up the bankrupt estate of the main suspect's company in 2015, the Volkskrant reports.

Port of Gibraltar
Dec 6 '16 13:40

Dutch freighter MS Pioneer was finally allowed to dock at the port of Gibraltar. The ship was anchored off the coast for almost two months because the ship's owner Flinter went bankrupt and could not pay the docking fees. Eleven crew members were stuck on the ship all that time, NOS reports.

KNVB
Sep 7 '16 07:57

Dutch football association KNVB wants to kick amateur clubs caught committing tax fraud out of the league, Jan Dirk van der Zee, director of amateur football at the KNVB, said in a broadcast of Zembla on Wednesday

Aug 18 '16 12:00

Willy Selten, owner of a now bankrupt meat wholesaler of the same name, must pay the bankruptcy administrator for his business 1 million euros, the court in Oost-Brabant ruled on Wednesday. That amount may increase even further if the court deems it necessary at a later date

ncBa8AQN
Aug 11 '16 12:10

The administrators working on fashion retailer MS Mode's finances are filing for bankruptcy for the company. The current situation is no longer tenable, the administrators said to NU.nl. Dismissal will be requested for the 660 employees working at the 130 MS Mode branches in the Netherlands.

Aug 1 '16 14:35

Fashion chain McGregor is making a restart as Doniger Fashion Group, but at the cost of 200 employees. These are employees whose been working for the fashion house for a long time, Doniger announced on Friday

1280px-Wine_and_etc
Jul 1 '16 16:30

The court in Zutphen declared liquor store chain Mitra bankrupt on Thursday after a long period of financial difficulty. This means that 24 stores owned by Mitra are closing down and 144 employees may lose their jobs

Jun 28 '16 11:11

Fashion chain McGregor filed for bankruptcy for 11 of the group's 50 parts, the company announced on Tuesday. For the time being all stores and online shops will remain open

May 26 '16 15:20

Two participants in popular Dutch reality show Ik Vertrek now seem to be defrauding tourists visiting South Africa. Television program Groeten van MAX visited the couple, Peter and Heike, after it became clear that they defrauded several families out of tens of thousands of euros

Apr 28 '16 11:22

Intermetzo, one of the largest child welfare institutions in the Netherlands, is facing bankruptcy. The company is suffering from municipalities paying their bills late, NRC reports based on anonymous sources.

Gavel (Source: Wikimedia/Brian Turner)
Apr 1 '16 12:35

Fashion designer Marlies Dekker is testifying under oath in court on Friday about the run-up to her company's bankruptcy in 2013. This testimony was requested by previous shareholders and creditors

Mar 25 '16 16:40

Frustration among a throng of shoppers turned into a fight at the final liquidation sale of a V&D department store location in Rijswijk, Zuid-Holland. The store, which had a massive number of people trying to get inside during the day, was forced to shut its doors early when police arrived on the scene.

Capture
Mar 23 '16 10:19

A plan submitted by British retail firm JD Sports Fashion Plc to take over beleaguered Dutch stores Perry Sport and Aktiesport won approval by the administrator in the Netherlands handling the bankruptcy of their parent firm, Unlimited Sports Group (USG). Most stores will remain open under terms of the deal, and most of the employees will retain their jobs, the administrator announced on Wednesday.

Capture
Mar 3 '16 12:55

The bankruptcy curator working on the bankruptcy of Perry Sport and Aktiesport is filing a law suit against the stores' four banks over unpaid wages for the staff.

Circus_Herman_Renz_Hoekelum_,
Feb 26 '16 15:05

The Herman Renz circus tent was sold for 80 thousand euros at an auction in Ermelo on Friday. The auction was organized by the tax authorities in an effort to recover debts from the bankrupt circus.

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