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Remeber Bollinger Motors? The last time we checked in on the EV startup, it was filing a lawsuit against UK-based Munro for patent infringement. Prior to that, the company decided to step away from plans to build its blocky B1 SUV and B2 pickup in favor of a large commercial vehicle called the B4. Now, that all could be coming to an end.

The company is reportedly in receivership pending liquidation, according to Automotive News. The company’s founder and former CEO Robert Bollinger filed a lawsuit on March 21 claiming he was owed $10 million. Bollinger stepped away from the company in June 2024; it’s currently owned by California-based Mullen Automotive Inc.

Shoppers who stocked up on Hudson’s Bay blankets or other goods adorned with the iconic retailer’s stripes, hoping they’d become collector’s items, may be in for disappointment. On Thursday, Canadian Tire announced it will pay $30 million to take over Hudson’s Bay’s intellectual property, including its famous four stripes motif, various company names, logos, and the retailer’s coat of arms symbol.

The deal still needs court approval.

In March, indebted Hudson’s Bay Co. was granted creditor protection and put it assets up for sale. The 355-year-old retailer plans to close its 80 Bay and 16 Saks-branded stores next month. Canadian Tire, which has more 1,700 retail locations across the country, was established in 1922. 

“Some things…

More than 134,000 Los Angeles County residents will begin receiving notices next week by mail as part of the first wave of medical debt relief under a program launched last year, it was announced Thursday.

Residents will receive a notice from L.A. County and national nonprofit Undue Medical Debt, informing recipients that their medical debt has been permanently cleared. It will also offer information for individuals who need help with additional medical bills.

The total amount of debt being relieved through this first round of aid is $183,580,711.32.

More than 134,000 Los Angeles County residents will begin receiving notices next week by mail as part of the first wave of medical debt relief under a program launched last year, it was announced Thursday.

Residents will receive a notice from L.A. County and national nonprofit Undue Medical Debt, informing recipients that their medical debt has been permanently cleared. It will also offer information for individuals who need help with additional medical bills.

The total amount of debt being relieved through this first round of aid is $183,580,711.32.

The IMF has praised Jamaica’s economic management saying it has put the country in a good position to deal with emerging global risks.

May 15, 2025

More than 134,000 Los Angeles county residents will begin receiving notices next week as a part of the first wave of medical debt relief, marking a significant step in addressing the financial strain caused by medical costs.

The notices, sent by L.A. county and national nonprofit Undue Medical Debt inform the resident that their medical debt has been permanently retired and offer helpful information for individuals who need help with additional medical bills or are seeking financial assistance.

The amount of debt being relieved through this first round of notices is $183,580,711.32.

Launched in December 2024, the Los Angeles County Medical Debt Relief Program provides immediate financial relief by purchasing and eliminating…

Vaughan Strawbridge and Joseph Hansell of FTI Consulting have been tapped as voluntary administrators of the head Roberts Co company,

Tycoon is closer to exiting the construction industry as the head company of his Roberts Co building empire went into administration and big contractors are poised to pick up key jobs in Victoria where work had stopped.

Vaughan Strawbridge and Joseph Hansell of FTI Consulting have been tapped as voluntary administrators of the head company, RCAH Pty Limited, but they are yet to report how much it owes, partly while problems in the southern state are worked out.

The Victorian business fell into the arms of administrators McGrathNicol in March owing subcontractors about $50m and industry players have been…

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Creditas is pleased to announce the successful liquidation of FIDCs Creditas Auto I, IV, V, VI, and VII, which provided accumulated returns of 77% to 105% to senior and mezzanine quotaholders of the respective funds, demonstrating the company’s commitment to structuring low-risk and highly attractive return securitization vehicles.

Throughout their cycles, the funds presented solid performance, compliant with strict covenants for the protection of invested capital, ensuring investor confidence even in adverse macroeconomic scenarios. The strength of the structures and the high spread of the portfolios ensured the maintenance of capital invested, and the materialization of results aligned with the initial…