Latest insolvency News

Business 27 August 2020

Wirecard lays off over 50% of staff amid insolvency process

The firm is planning to let go of 730 of the 1,300 workers at its Aschheim office, cutting its total number of employees down to 570.

Business 26 June 2020

Embattled Wirecard files for insolvency

The insolvency move is the latest event to unfold from the accounting scandal surrounding the digital currency debit card issuer.

Business 6 May 2019

Blockchain firm SETL emerges from bankruptcy

SETL has somehow scraped back from bankruptcy to be a new company, with a second chance at making a difference.

Business 8 March 2019

Blockchain firm SETL files for insolvency as search for new buyer begins

In a development that has shocked analysts, the London-based firm revealed it had appointed administrators through a statutory notice in the London Gazette.

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