German battery pioneer CustomCells has filed for insolvency proceedings for the group’s key operating entities located in Itzehoe and Tübingen, following court filings in Kiel. The holding company of the CustomCells Group is not affected by the insolvency filing at this time. Founded in 2012 and spun out of the German Fraunhofer Society, CustomCells established…
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SAINT-JÉRÔME – Lion Electric will very likely be liquidated following the Quebec government’s refusal to invest more public funds in the company, says the court-appointed monitor for the electric-vehicle maker. Jean-François Nadon, a restructuring specialist with Deloitte, said in a Superior Court hearing on Monday that government aid would have been a condition of any…
Lion Electric opened its sprawling 900,000-square-foot plant near Joliet in 2023, touting the potential for 1,400 new jobs. The Quebec-based electric school bus maker found eager customers in Illinois school districts, which wanted to take advantage of generous federal grants, reduce pollution and give kids a cleaner, quieter ride to school. But the bad news…
5 years of student-debt relief for millions of borrowers is suddenly over MSN Read the original article here
Jason Ganske of Rocky Mountain house won $265,405.10 on the March 28 Lotto Max draw! Ganske said he scanned the ticket in-store and was so excited, he took a video of the win notification and immediately sent it to his wife. “When I sent her the video of the win coming up, she said, ‘What…
Reading Time: 2 minutes Farm debt mediation is not just a box ticking exercise for the bank or lender when a farming business gets into financial trouble. It’s an opportunity to discuss the issues with the farm owner and hear their side of the story. It brings a human element to a process that can…
Vinyl Me, Please — the Denver, CO-based record club company founded in 2012 — has announced its liquidation, Pitchfork reports. The announcement comes months after complaints from customers that they had been ghosted by the company, as well as that orders were no longer being fulfilled and returns were no longer being processed. Those outstanding…
05 May, 2025 Orange County, FL – Through its partnership with Undue Medical Debt, medical debt totaling more than $472.5 million has been eliminated for over 310,000 Orange County residents. This debt relief includes accounts acquired from both local hospital systems and third-party debt collection agencies. On August 13, 2024, the Orange County Board of County…
Construction business insolvencies have risen to their highest-ever level, a City AM analysis has found, as a barrage of rising costs continues to squeeze many in the sector to the point of collapse. As many as 840 construction firms appointed liquidators or administrators in the first four months of the year, the analysis of corporate…