All about Bankruptcy

SONY DSC
By Edition On Monday, December 11th, 2017
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EM City Hotel declared bankrupt

WILLEMSTAD - Another one bites the dust. This time it’s the operator of the former Howard Johnson Hotel in downtown Otrabanda, EMC City Hotel. It has been declared bankrupt. The bankruptcy has been requested by More...

La Prensa
By Edition On Friday, December 1st, 2017
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As announced before; La Prensa newspaper files for bankruptcy

WILLEMSTAD - La Prensa started in 1957 as a Papiamento newspaper. 60 years later, the newspaper files for bankruptcy. This news does not come as a surprise. In the beginning of November, editor-in-chief, Mariano More...

airberlin
By Edition On Wednesday, October 11th, 2017
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Air Berlin – Flights ceases end of this month, leaving 8600 staff unemployed

DUSSELDORF - Air Berlin’s legacy comes to an End on October 28, 2017. All flights will cease to operate from Oct.28th, leaving around 8600 staff unemployed. Bankruptcy filed German carrier Air Berlin will begin More...

airberlin
By Edition On Wednesday, August 30th, 2017
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Airberlin to cut long-haul routes following insolvency

DUSSELDORF - The German aviation company Airberlin, which filed for bankruptcy earlier this month, will reduce long-haul routes from Berlin Tegel as bookings have dropped dramatically. “Airberlin will further More...

Insel-Air-MD80-FOTO-Insel-Air
By Edition On Saturday, August 26th, 2017
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InselAir receives an extension of moratorium

WILLEMSTAD - The management board of InselAir International B.V. is very pleased with the decision of the bankruptcy court of Curaçao to extend the suspension of payment, which was provisionally granted on March More...

Scarlet2
By Edition On Thursday, August 24th, 2017
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Court declares Scarlet bankrupt

WILLEMSTAD - The Court of First Instance of Curaçao, declared the telecommunication company Scarlet bankrupt yesterday. This puts an end to a few noisy and uncertain months for both the employees and the company’s More...

scarlet
By Edition On Friday, August 18th, 2017
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Scarlet Curaçao headed for bankruptcy

WILLEMSTAD - Scarlet Curacao is heading for bankruptcy, according to reports. It’s around 3,000 mainly business customers have already been experiencing poor internet services for several months, its customer More...

airberlin
By Edition On Tuesday, August 15th, 2017
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Airberlin files for insolvency, German Government offers support, continues flight operation

DUSSELDORF - Airberlin has today filed to commence insolvency proceedings under self-administration at the local District Court (Amtsgericht) of Berlin-Charlottenburg, in order to continue with the restructuring More...

Insel-Air-MD80-FOTO-Insel-Air
By Edition On Friday, August 4th, 2017
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Martina positive about InselAir and Avianca

WILLEMSTAD - The negotiations with Avianca as a strategic partner of the local aviation company InselAir are going to be successful. This is according to the Minister of Economic Development Steven Martina. He sees More...

Plaza Hotel
By Edition On Wednesday, July 19th, 2017
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Bank account Plaza Hotel empty

WILLEMSTAD - There is not much to get from the Plaza Hotel & Casino in downtown Punda. According to the curator Valerie Maria there is no money in the bank account. Both companies, the hotel and the casino, More...