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
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.
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
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.
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.
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.
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.
The court declared USG, parent company of Perry Sport and Aktiesport, bankrupt on Tuesday afternoon. Many parties are showing interest in taking over the two sporting goods chains. Dozens of potential buyers already made themselves known.
The tax authorities will be auctioning off bankrupt circus Herman Renz's circus tent on Friday afternoon
A plan to rescue Dutch department store V&D came to a sudden end on Tuesday when potential buyer Coolinvestments pulled out of talks with the retail outlet's bankruptcy curators. Coolinvestments, a local firm owned by clothing industry magnate Roland Kahn, said it was simply not possible to get all parties involved onboard with their vision of a relaunch.
Dutch supermarket firm Jumbo will take over the reigns of La Place restaurants in a deal approved by the administrators overseeing the restaurant parent, V&D’s bankruptcy. Jumbo will initially take over 60 restaurants, the company’s assets and its headquarters, the administrators announced on Tuesday.
The court in Amsterdam officially declared struggling retail group V&D bankrupt on Wednesday. The V&D stores and La Place restaurants will remain open for the time being, but the 10,300 employees working for the group are almost certainly out of work
The week before Christmas was tough on the retail sector in the Netherlands. On Tuesday both Macintosh, owner Scapino, Dolcis and Manfield, and V&D filed for suspension of payment. On Wednesday the drugstores DA Retail Group was added to the list. All in all some 16 thousand jobs are at risk, given that suspension of payment is nearly always followed by bankruptcy.
Financially troubled retailer V&D is back on the road to bankruptcy. The company filed for suspension of payments on Tuesday and the court in Amsterdam granted it on Wednesday morning
Manfield, Dolcis and Scapino, among others, may be facing bankruptcy. Parent company Macintosh announced on Tuesday that it filed for postponement of payment, often a precursor for official bankruptcy, ANP reports.
Macintosh is burdened by high debt and revenues were very disappointing this year, especially in recent weeks. "The application for postponement of payment is therefore the only option left", the company said. The court in Limburg is expected to rule on the application later on Tuesday.
TSN Thuiszorg, the largest home care organization in the Netherlands, applied for postponement of payment. Given that postponement of payment is often a prelude to bankruptcy, some 12 thousand jobs are now at risk.
The construction of the Noord/Zuid line of the Amsterdam subway system will conclude in October 2017 despite the bankruptcies of key technology contractor Imtech and metal construction firm Oskomera, according to city alderman Pieter Litjens. The oft-delayed subway line is not expected to have any further setbacks after an analysis of the remaining risks to the project, Litjens told the Parool.
A major international joint investigation between Italy and the Netherlands led to 48 arrests involving members of the notorious ‘Ndrangheta, a powerful crime syndicate with its roots in Calabria, Italy. Authorities in the Netherlands focused in on the Aalsmeer flower auction, where flower traders and deliverers were brought in for questioning on a multi-million euro scheme to defraud flower suppliers, possibly smuggle drugs, steal millions in chocolate, and plan the assassination of victims who came forward, according to newspaper Parool.
Yet another Imtech subsidiary - Imtech Industrial Services - has been declared bankrupt. Parts of the company were sold and the buying parties will offer some of the employees a job, but between 200 and 300 of the 900 jobs will be lost, bankruptcy administrator Jeroen Princen
Imtech's bankruptcy is having its first effects on the Amsterdam Noord-Zuid subway line. All Imtech employees involved with the line stopped working on Wednesday afternoon after the bankruptcy administrators instructed them to do so.
At the request of Dutch authorities, the judicial authorities in Costa Rica has seized about one million euros in property and bank accounts of a 57 year old Dutchman and his former Spanish life partner. The Dutchman is the prime suspect in an ongoing FIOD investigation into millions worth of fraud involving investments in Spanish solar energy plantations.
About 500 companies in the installation sector will be affected by Imtech being declared bankrupt. These companies account for 4 percent of all the companies operating in this sector.
Imtech's bankruptcy is a blow to the whole industry, according to Uneto, the umbrella organization for installation companies in the Netherlands. The organization is especially concerned fro the numerous freelancers and sub-contractors who got lots of work from Imtech.
Consultancy and service firm Royal Imtech N.V. formally entered bankruptcy protection on Thursday. The fate of part of the Gouda-based company's workforce, including 22,000 global employees, of which 2,700 are in the Netherlands, is not yet known.