First compensation order secured in court to repay taxpayer-backed Bounce Back Loan fraudulently secured during the pandemic. Marian Ghimpu, 58, from Croydon, has been disqualified as a director for 13 years, and ordered to repay over 50,000 to the public purse. The compensation order, the first secured by the Insolvency Service in court, is the…
Lavoie, which makes high-end scooters based on McLarens Formula 1 technology, acquired the trendy e-bike brand that had gained a zealous following. VanMoof, the Dutch e-bike maker that gained a zealous following but declared bankruptcy last month, has been acquired by Lavoie, an upscale electric scooter company, the firms announced on Thursday. Riders of the…
Embracer Group, which was once on an endless shopping spree, is now dumping its first-party studios as part of the ongoing business restructuring. This time, the victim was Red Faction and Saints Row developer Volition, not to mention layoffs at Gearbox Publishing. Read the full article at: https://gameworldobserver.com/2023/09/01/embracer-volition-shutdown-gearbox-layoffs-restructuring