Libby Cherry

UK energy services provider Petrofac Ltd has filed to enter administration after the latest plans to restructure its balance sheet unexpectedly fell through, putting thousands of jobs at risk.

A German battery-maker partly owned by the investment firm of BMW AG heiress Susanne Klatten filed for insolvency for some of its key units, citing the loss of an unnamed customer.

Polish real estate developer Globe Trade Centre SA is in talks to sell part of a German residential portfolio it bought less than a year ago.

For much of the past two decades, Europe’s northernmost countries have largely been considered a backwater in the corporate debt world. A recent influx of international investors has started to chip away at that image.

Sotheby’s reported a nearly 20% drop in revenue from commissions and fees last year as sales of luxury items and works of fine art at auction dwindled.

Sotheby’s reported a nearly 20% drop in revenue from commissions and fees last year as sales of luxury items and works of fine art at auction dwindled.

Frankfurt court set aside restructuring deal approved in London

Rising costs, shifting consumer habits and reputational risks are changing the industry

Merlin Entertainments Ltd’s senior secured bonds are set for a record drop, after S&P Global Ratings warned that the theme park operator could run low on cash in a year.

Merlin Entertainments Ltd’s senior secured bonds are set for a record drop, after S&P Global Ratings warned that the theme park operator could run low on cash in a year.

The sale of a piece of a Cerba Healthcare SACA bank loan signals lenders are seeking to trim their exposure to the French laboratories business before the start of debt talks.

A partner of financial advisory firm One Square Advisors is among a group of people standing trial in Munich accused of defrauding bondholders of a German textile company out of €1 million ($1.2 million).

Meyer Burger Technology AG’s US operations have filed for Chapter 11 proceedings with the aim of selling all or most of the Swiss-headquartered solar manufacturer’s assets in the country.

Meyer Burger Technology AG’s US operations have filed for Chapter 11 proceedings with the aim of selling all or most of the Swiss-headquartered solar manufacturer’s assets in the country.

Car part makers are struggling but German banks are supportive, at least for now.

The restructuring of the Austrian motorbike maker shows the perils of getting stuck in an unfamiliar jurisdiction

The restructuring of the Austrian motorbike maker shows the perils of getting stuck in an unfamiliar jurisdiction

German retailer Home Shopping Europe GmbH bonds rose after it reached an agreement with its creditors to re-capitalize the firm and extend its bond maturities.

A group of lenders to GHD GesundHeits GmbH have picked law firm Milbank LLP to advise them as the German healthcare firm faces looming debt deadlines, according to people familiar with the matter.

German retailer Home Shopping Europe GmbH is negotiating an overhaul of its debt structure with the aim of pushing back looming debt maturities.