Monthly Archives: October 2013

Loewe Undergoing Self-Administered Insolvency, Not Bankruptcy

Loewe TV

Following our story yesterday about Loewe filing for bankruptcy, the German high-end television manufacturer has reached out to us through its UK PR agency to provide further clarification on the situation. Three months ago, Loewe applied for a form of creditor protection under German law termed ‘Schutzschirmverfahren’ which has now lapsed, causing the company to automatically move onto the next ... Read More »

German Premium TV Maker Loewe Files For Bankruptcy

Loewe TV

Update 2 Oct 2013: Loewe has clarified that it’s going through self-administered insolvency, not bankruptcy. Correct story here… our apologies for factual errors in this article. Luxury audio-visual equipment brand Loewe has filed for bankruptcy, its CEO Matthias Harsch told leading international news agency Reuters today. The German TV maker had previously applied for creditor protection more than two months ... Read More »