Historic scaffolding firm files administration notice

Hertfordshire based Rodells has been trading since 1898 when it was founded by Leonard Rodell as a steeple-jacking company. The company operates a large scaffolding operation from its yard in London Colney offering scaffolding services for large commercial and industrial jobs across the country. It also has a specialist access works division…

What we know so far about the Northvolt bankruptcy

Battery maker Northvolt filed for bankruptcy on March 12th after months of financial struggle. How will employees be affected? What does it mean for Sweden? Here’s what we know so far. What has happened? Northvolt’s board voted on Tuesday to file for bankruptcy in Sweden, with the company then on Wednesday filing bankrupcty applications to…

Northvolt AB files for bankruptcy in Sweden

In addition to Northvolt AB, the subsidiaries Northvolt Ett AB, Northvolt Labs AB, Northvolt Revolt AB and Northvolt Systems AB also filed for bankruptcy in Sweden, the company announced. These are the operating company of the Swedish cell factory Northvolt Ett, the research centre, the recycling subsidiary and the company for the production of battery…

BYJU’s-EY Case Latest Update: Earns & Young manipulated edtech firm BYJU’s CIRP process, claims whistleblower

A whistleblower has alleged that accounting firm Earns & Young (EY) had manipulated edtech firm BYJU’s CIRP process. However, the most alarming revelation by the whistleblower is how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency.  The whistleblower said that EY deliberately delayed BYJU’s CIRP process behind the scenes. EY did not…

Northvolt files for bankruptcy in Sweden

Stockholm, Sweden, 12 March 2025 – Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the company, the Board of Directors of Northvolt AB today announced that it has filed for bankruptcy in Sweden. Like many companies in the battery sector, Northvolt has experienced a series…