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CORRECTED-Dutch travel company D-reizen declared bankrupt – Reuters

By Reuters Staff

2 Min Read

(Corrects to show D-reizen Dutch-owned since December 2020, paragraph three)

AMSTERDAM, April 6 (Reuters) – D-RT Group, the parent of Dutch tour operator D-reizen, has been declared bankrupt, a court spokesman said on Tuesday, potentially affecting more than 1,000 employees.

The Netherlands has largely avoided corporate bankruptcies during the pandemic as employers are able to receive government support to continue paying employees.

This is a pitch black day for us CEO Jan Henne de Dijn said in a statement. Henne de Dijn and another executive bought D-RT Group from German firm Raiffeisen Touristik Group GmbH on Dec. 23, 2020, and had been in talks with creditors to avoid bankruptcy.

Details of the bankruptcy, which …

Read the full article at: https://www.reuters.com/article/netherlands-travel-bankruptcy-idUSL1N2LZ0IT

Category: BankruptcyBy Insolvency Advisory AccountantsApril 8, 2021

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CORRECTED-Dutch travel company D-reizen declared bankrupt – Reuters

By Reuters Staff

2 Min Read

(Corrects to show D-reizen Dutch-owned since December 2020, paragraph three)

AMSTERDAM, April 6 (Reuters) – D-RT Group, the parent of Dutch tour operator D-reizen, has been declared bankrupt, a court spokesman said on Tuesday, potentially affecting more than 1,000 employees.

The Netherlands has largely avoided corporate bankruptcies during the pandemic as employers are able to receive government support to continue paying employees.

This is a pitch black day for us CEO Jan Henne de Dijn said in a statement. Henne de Dijn and another executive bought D-RT Group from German firm Raiffeisen Touristik Group GmbH on Dec. 23, 2020, and had been in talks with creditors to avoid bankruptcy.

Details of the bankruptcy, which …

Read the full article at: https://www.reuters.com/article/netherlands-travel-bankruptcy/d-reizen-dutch-subsidiary-of-german-travel-company-bankrupt-idUSL1N2LZ0IT

Category: BankruptcyBy Insolvency Advisory AccountantsApril 8, 2021

Post navigation

PreviousPrevious post:OYO breathes easy as NCLAT orders a stay on insolvency proceedings against its subsidiary company – Business Insider IndiaNextNext post:Climate vulnerability should be factored into debt relief, says IMF head – Climate Home

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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024

CORRECTED-Dutch travel company D-reizen declared bankrupt – Reuters

By Reuters Staff

2 Min Read

(Corrects to show D-reizen Dutch-owned since December 2020, paragraph three)

AMSTERDAM, April 6 (Reuters) – D-RT Group, the parent of Dutch tour operator D-reizen, has been declared bankrupt, a court spokesman said on Tuesday, potentially affecting more than 1,000 employees.

The Netherlands has largely avoided corporate bankruptcies during the pandemic as employers are able to receive government support to continue paying employees.

This is a pitch black day for us CEO Jan Henne de Dijn said in a statement. Henne de Dijn and another executive bought D-RT Group from German firm Raiffeisen Touristik Group GmbH on Dec. 23, 2020, and had been in talks with creditors to avoid bankruptcy.

Details of the bankruptcy, which …

Read the full article at: https://www.reuters.com/article/netherlands-travel-bankruptcy/corrected-dutch-travel-company-d-reizen-declared-bankrupt-idUSL1N2LZ0IT

Category: BankruptcyBy Insolvency Advisory AccountantsApril 6, 2021

Post navigation

PreviousPrevious post:D-reizen, Dutch subsidiary of German travel company bankrupt – DevdiscourseNextNext post:Struggling firms handed lifeline as Government extends Covid insolvency rules – Business Live

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July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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