The company reportedly couldn’t pay its employees in December. – artnet News

The online auction start-up Auctionata Paddle8 AG filed a request to open insolvency proceedings on January 16, according to publicly accessible documents published by the Amtsgericht Charlottenburg, the district court responsible for the companys headquarters in West Berlin. Auctionata, founded in 2012, has reportedly been under financial strain recently; last week, the German online magazine…

Oman’s PSC shareholders agree to defer liquidation plan – Zawya

19 January 2017Muscat – The shareholders of Port Services Corporation (PSC) have agreed to defer the company’s liquidation until January 2018. PSC held an extraordinary general meeting (EGM) of its shareholders on Tuesday which agreed to nullify the decision resolved in the company’s second EGM held on December 7, 2016 to liquidate the company with effect from…