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German Retail Group Files for Bankruptcy
The New York Times
Arcandor made the bankruptcy filing after the government rejected its request for emergency state aid.
178 months ago
Thousands of jobs at risk as Arcandor goes bust
France 24
German retail and tourism giant Arcandor has officially filed for insolvency after the government dismissed its request for emergency state...
178 months ago
Thomas Middelhoff, Ex-Chief of Bertelsmann, Gets 3-Year Prison Term Over Misuse of Funds (Published 2014)
The New York Times
Mr. Middelhoff had faced criminal charges for having the German retailer Arcandor pay for private flights and other personal expenses.
113 months ago
Schickedanz lawsuit opens
DW
German ex-billionaire Madeleine Schickedanz has sued the bank Sal. Oppenheim for damages after losing her fortune in the 2009 insolvency of...
136 months ago
Arcandor to close Quelle
Drapers
Efforts to sell the business, which is part of German retail giant Arcandor and is in administration, have failed resulting in the closure...
174 months ago
Thomas Middelhoff: the rise and fall of a dotcom evangelist
Financial Times
The former Bertelsmann chief finds his sentence for fraud and tax evasion humiliating.
113 months ago
Decline of a golden boy
DW
Former German top manager Thomas Middelhoff has been sentenced to three years in prison for embezzlement. The verdict is fair, but questions...
113 months ago
Middelhoff Faces 2 Inquiries in Wake of a Bankruptcy
The New York Times
Thomas Middelhoff, ex-chief executive of Arcandor, has been scrutinized over the company's real estate deals and his administrative...
176 months ago
Schickedanz-Prozess: Middelhoff stützt Klägerin in Teilen
Spiegel
Quelle-Erbin Madeleine Schickedanz fordert von Ex-Vertrauten Schadensersatz wegen Falschberatung. Nun bekommt sie Rückendeckung vom früheren...
113 months ago
Closing Down Sale
DW
German mail order firm Otto has struck a deal to buy the Russian operations and trademark rights of its insolvent counterpart Quelle.
173 months ago