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Administrators chase project bank account funds to pay fees
Administrators in a UK construction insolvency case are attempting to access project bank account (PBA) funds to recover money for their fees, prompting debate over the protection of ring-fenced payments…
UK EV company collapses into administration – ‘world leaders’
A UK-based EV charging and battery firm, ZPN Energy, has collapsed into administration despite considering itself a ‘global leader’ in constrained grid EV infrastructure. The company focused on providing…
European hyperloop sector suffers second major collapse in 2026
Spanish startup Zeleros was declared insolvent by a Valencia court in late March, following the bankruptcy of Dutch developer Hardt Hyperloop on 4 March. Together, they represented two of the sector's…
EIT Manufacturing files for liquidation
EU-funded innovation body, EIT Manufacturing, headquartered in Paris-Saclay, filed for liquidation on March 25, 2026, following a massive fraud investigation. The collapse stems from ‘serious irregularities’…
