Overview
- Berlin reported 2,092 insolvency filings in the past year, a 27% increase, while Brandenburg recorded 431 filings, up 24.6%.
- Combined creditor claims from insolvent companies in the two regions exceeded €18 billion, with Berlin alone seeing a 900% surge in claims.
- Of more than 2,500 filings, around 1,700 proceedings were initiated, while the rest were dismissed due to insufficient debtor assets.
- The collapse of Signa, a high-profile case, has placed significant strain on Berlin's courts, underscoring systemic challenges in managing large-scale insolvencies.
- The rise in insolvencies reflects broader national trends tied to the end of pandemic support, rising energy and labor costs, and higher interest rates.