Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors.
Benrath is a part of Düsseldorf in the south of the city.
Germany (Deutschland), officially the Federal Republic of Germany (Bundesrepublik Deutschland), is a sovereign state in central-western Europe.
Insolvency is the state of being unable to pay the money owed, by a person or company, on time; those in a state of insolvency are said to be insolvent.
The Kriegsmarine (literally "War Navy") was the navy of Germany from 1935 to 1945.
Lübeck is a city in Schleswig-Holstein, northern Germany, and one of the major ports of Germany.
A merchant vessel, trading vessel or merchantman is a boat or ship that transports cargo or carries passengers for hire.
Shipbuilding is the construction of ships and other floating vessels.
A shipyard (also called a dockyard) is a place where ships are built and repaired.
The Type II U-boat was designed by Nazi Germany as a coastal U-boat, modeled after the CV-707 submarine, which was designed by the Dutch dummy company NV Ingenieurskantoor voor Scheepsbouw den Haag (I.v.S) (set up by Germany after World War I in order to maintain and develop German submarine technology and to circumvent the limitations set by the Treaty of Versailles) and built in 1933 by the Finnish Crichton-Vulcan shipyard in Turku, Finland.
Type VII U-boats were the most common type of German World War II U-boat.
U-boat is an anglicised version of the German word U-Boot, a shortening of Unterseeboot, literally "undersea boat".
A warship is a naval ship that is built and primarily intended for naval warfare.
World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.