Former Montpelier boss faces bankruptcy hearing

Saturday, 5 April 2025 10:55 The multimillionaire head of a former trust company that went into liquidation could be declared bankrupt this summer. Edward Watkin Gittins was managing director and owner of Montpelier (Trust and Corporate) Services, which was wound up in 2020 after being accused of diverting millions of pounds of client money. Last…

Major Deep Sea Mining Company Goes Bankrupt

Friday, 4 April 2025, 4:29 pmPress Release: Greenpeace A company which had dreams of becoming the world’s largest deep sea mining company has declared bankruptcy. Norwegian company, Loke Marine Minerals, aimed to hold licences in the Pacific and the Arctic. Now, their deep sea mining dreams have been shattered. Loke also owns UK Seabed Resources,…