7Gen charges up with $48 million in debt from UK’s Zenobē to help more Canadian firms adopt EVs BetaKit

7Gen claimed that this is the largest private EV debt financing in Canadian history. Montréal-based Seven Generation Capital (7Gen) has secured $48 million CAD in senior secured debt from Zenobē to scale its commercial electric vehicle (EV) platform across Canada. Founded in 2020, 7Gen helps businesses electrify their vehicle fleets, providing an EV-as-a-service platform…

HBC set to liquidate remaining stores

“It is unlikely to receive a viable going concern bid based on the proposed Six Store Model,” Adam Zalev, cofounder of Reflect Advisors LLC, HBC’s financial adviser, said in the document. “The exclusion of the six stores from the liquidation sale is negatively impacting (HBC’s) realization efforts.” Read the original article here

Filing for bankruptcy this May? Ask these 5 questions first

There are some important questions to ask yourself if you’re thinking about taking the bankruptcy route this May. Getty Images There’s no question that 2025 has been a tough year for many Americans financially. Between stubborn inflation, elevated interest rates and persistent debt burdens, a growing number of people are finding themselves at a financial…

Andrea Pirlo’s son racks up €30k debt in illegal betting scandal which forced legendary Italian midfielder to ‘block’ bank account until teenager became lawful adult

Andrea Pirlo had to block his son’s ban account in 2022, as the then teenager amassed gambling debts of €30k in illegal online scheme. Article continues below Article continues below Article continues below Ex-Italy international took decisive action Son forced to learn the hard way Avoid repetition of the same words & topics Read the…