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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…
Spanish Steel Pipe Maker Tubos Reunidos Enters Insolvency After 134 Years
Tubos Reunidos, the historic Spanish steel pipe manufacturer founded in 1892, has filed for voluntary insolvency after 134 years in business, highlighting the mounting pressures facing Europe’s industrial…
