KTM’s Bankruptcy: How Austria’s Laws Left Creditors Stuck in the Pit Lane

KTM, the motorbike powerhouse known for dominating dirt tracks and MotoGP, is now facing a financial wipeout. With €3 billion in debt and 265,000 unsold bikes (enough to cause a traffic jam of epic proportions), the company’s insolvency has sparked major controversy.  And the biggest shock? Under Austria’s peculiar insolvency laws, shareholders are still in the race while creditors are being left in the dust.