MONTREAL — The Quebec government wants a judge to declare insolvent the North American branch of Swedish battery manufacturer Northvolt, as the province attempts to recoup some of its losses on a failed electric-vehicle battery project.
MONTREAL — The Quebec government wants a judge to declare insolvent the North American branch of Swedish battery manufacturer Northvolt, as the province attempts to recoup some of its losses on a failed electric-vehicle battery project.
Documents filed in Quebec Superior Court on Tuesday say that Northvolt Batteries North America owes more than $260 million on a government loan that allowed the company to buy land near Montreal to build a $7-billion battery plant.
The government wants the…
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Quebec wants court to declare branch of Swedish battery developer Northvolt insolvent Vancouver Is Awesome
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MONTREAL — The Quebec government wants a judge to declare insolvent the North American branch of Swedish battery manufacturer Northvolt, as the province attempts to recoup some of its losses on a failed electric-vehicle battery project.
MONTREAL — The Quebec government wants a judge to declare insolvent the North American branch of Swedish battery manufacturer Northvolt, as the province attempts to recoup some of its losses on a failed electric-vehicle battery project.
Documents filed in Quebec Superior Court on Tuesday say that Northvolt Batteries North America owes more than $260 million on a government loan that allowed the company to buy land near Montreal to build a $7-billion battery plant.
The government wants the…
Read the original article here
MONTREAL — The Quebec government wants a judge to declare insolvent the North American branch of Swedish battery manufacturer Northvolt, as the province attempts to recoup some of its losses on a failed electric-vehicle battery project.
MONTREAL — The Quebec government wants a judge to declare insolvent the North American branch of Swedish battery manufacturer Northvolt, as the province attempts to recoup some of its losses on a failed electric-vehicle battery project.
Documents filed in Quebec Superior Court on Tuesday say that Northvolt Batteries North America owes more than $260 million on a government loan that allowed the company to buy land near Montreal to build a $7-billion battery plant.
The government wants the…
Read the original article here
The Quebec government says Northvolt owes more than $260-million on a government loan and wants to withdraw nearly $200-million from frozen accounts to pay down the debt.Christinne Muschi/The Canadian Press
The Quebec government wants a judge to declare insolvent the North American branch of Swedish battery manufacturer Northvolt, as the province attempts to recoup some of its losses on a failed electric-vehicle battery project.
Documents filed in Quebec Superior Court on Tuesday say that Northvolt Batteries North America owes more than $260 million on a government loan that allowed the company to buy land near Montreal to build a $7-billion battery plant.
The government wants the court to launch creditor…
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Quebec wants court to declare branch of Swedish battery developer Northvolt insolvent Penticton Herald
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Go To Places, the Local Visitor Economy Partner (LVEP) for Visit Hertfordshire has ended operations, with its board instructing insolvency practitioners at Crowe U.K. LLP to prepare the company for liquidation.
In a statement, Go To Places chair Doug Bannister said the decision was a result of a “complex and challenging set of circumstances” that made continuing to operate “increasingly unsustainable”.
“This is not a decision we have arrived at lightly and the situation has arisen not through any single decision or failure, but as a result of a complex and challenging set of circumstances that reflect the wider economic pressures facing the UK’s public and tourism sectors,” he said.
“Over recent months, we have…
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Foundation launches effort to help pay off school meal debt | News Fauquier Times
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The women’s ready-to-wear company Naf Naf is looking for buyers for its 144 points of sale in Spain, Italy and Belgium after its takeover last August by the French fashion distribution group Beaumanoir, according to Fashion Network. Naf Naf had been in bankruptcy proceedings since May.
Following the group’s acquisition by Beaumanoir, the company’s liquidation process was initiated, so 144 Naf Naf points of sale distributed in the Spanish, Italian and Belgian markets are now in search of a buyer.
In Spain, the company has four stores of its own, located in Burgos, Pamplona, Cádiz and Almería, as well as in corners of El Corte Inglés.
Naf Naf, which entered into insolvency proceedings in 2023, filed for insolvency again…
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Translated by
Nazia BIBI KEENOO
Published
September 3, 2025
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