Etiqueta 'Mallorca bankruptcy'
Court is blocking 96 million euros compensation payment to property developer Matthias Kühn
The Balearic government has paid compensation owed to the property developer, but the high court is holding on to the money.
Matthias Kühn under investigation for Tax Agency debt
The potential debt is in excess of eleven million euros.
Irish cycling legend guilty of negligently bankrupting Mallorca company
The Provincial Court in Palma has upheld a civil court sentence of April 2022.
Hundreds of bankruptcies expected over the coming months
The moratorium on insolvency proceedings has come to an end.
"Avalanche" of bankruptcies in Mallorca forecast this summer
Despite the tourism recovery, the viability of numerous businesses is threatened.
- Emergency declared on Ryanair flight bound for Palma from Dublin
- British tourists will be “tracked” while on holiday in Mallorca
- Mallorca ambassador Sir Bradley Wiggins has “lost” his Mallorca home
- Mallorca restaurants losing clients, tourists tighten their belts
- Mallorca hotelier - "I wouldn't go to a place where I perceived there to be animosity towards tourists"