Community Scoop » Labour Hire Company At Centre Of Immigration Probe Estimated To Owe Creditors $4.01 Million

Article – RNZ The company remains at the centre of a major investigation by Immigration New Zealand that commenced as early as September 2023.Lucy Xia A liquidator’s initial report into an insolvent Auckland-based labour hire company – Prolink NZ – has estimated that the company owes about $4.01 million to creditors. The company remains the…

EV startup Canoo files for bankruptcy and ceases operations

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court. The company said in a press release published late Friday that it was “in discussions with foreign sources of capital” that proved unsuccessful, and also…