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The sale of bankrupt EV startup Canoo’s assets to its CEO has been approved by the judge overseeing the case. After evaluating a number of limited ...
A mysterious investor out of London has asked a bankruptcy judge in Delaware to stop the sale of EV startup Canoo’s assets to its CEO, calling it a “flawed” process. Charles Garson, a UK-based ...
Canoo filed for Chapter 7 bankruptcy after burning through hundreds of millions in losses. Harbinger alleges the asset sale unfairly benefited Canoo’s CEO without proper valuation. The sale may ...
Canoo, a California-founded electric vehicle company that plummeted from a $2.4 billion valuation to a complete shutdown, is finding fresh drama in bankruptcy court, where an old rival just called ...
The sale of bankrupt EV startup Canoo’s assets to its CEO has been approved by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon ...