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How Morrow Batteries’ Bankruptcy Lays Bare the Economics of European Cell Manufacturing
In early May 2026, Norwegian lithium-ion phosphate (LFP) manufacturer Morrow Batteries ASA filed for bankruptcy due to a fatal liquidity crisis. The company had recently achieved key milestones, including…
Maeve Aerospace collapses after SkyWest-backed hybrid aircraft program stalls
Dutch aircraft developer Maeve Aerospace and its parent company, Green Transition Alliance, have declared bankruptcy after failing to secure a crucial €20 million investment round. The financial collapse…
Financier Lex Greensill banned from running UK companies for nine years
Financier Lex Greensill has been banned from running UK companies for nine years following the 2021 collapse of his supply chain invoicing firm, Greensill Capital, which left more than £1.6bn in liabilities.…
Waldorf: English Court Approves Second Restructuring Plan, Despite HMRC Opposition
The English High Court has sanctioned the second restructuring plan proposed by Waldorf Production UK Plc, despite strong opposition from HMRC. The plan enables Harbour Energy’s $205 million acquisition…
