The lack of a start-up culture in Germany and how to change that!

A vibrant entrepreneurial culture is an important part of the business environment in every country – and that is particularly true for Germany. To encourage more people to start a business society must succeed – as a basis for further steps – in improving the public opinion about start-up entrepreneurs (and about entrepreneurs in general) so that entrepreneurship becomes a legitimate, respected and desirable option as a career opportunity.

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Lehman Brothers’ Europe Administrator Has A “Plan B” For Creditors

By: Ainsley Brown PricewaterhouseCoopers (PwC), the administrator for the European outfit of Lehman Brothers, has come up with a ‘Plan B’ to give out $17 billion to creditors. This after the High Court in England rejected a plan by PwC in August that would have freed up over $13 billion worth of assets. The court rejected the earlier plan because

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Lehman Brothers’ European Arm Set To File $100 Billion Claim Against Parent

By: Ainsley Brown PricewaterhouseCoopers (PwC), the administrator of the now defunct bank’s European arm is set to file a claim against the parent bank in US bankruptcy court. PwC has until September 22 – the deadline set by the court – to file its claim. The claim surrounds some $100 billion in pledges made by the parent bank before it

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Creditors Of Lehman Brothers’ European Division Will Just Have to Wait A Bit Longer To Recovery Their Money

By: Ainsley Brown The English High Court has scuttled a plan for quick payouts to creditors by the administrator’s of Lehman Brothers’ European arm. PricewaterhouseCoopers (PwC), the administrator is now carefully studying the judgment and weighing it options i.e. should it appeal or not. In either case Lehman Brothers’ creditors face delays in recovering their assets. The ruling affects some

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