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receivership

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    Report: Lola shuttered as administrator unable to find buyer for bankrupt automaker
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    When Lola Cars International filed for bankruptcy in May of this year, the expectation was that a buyer would be found because, after all, it's Lola. Over the past 54 years, the British racecar builder has had its aluminum and carbon fiber fingers in every top series and a cornucopia of feeder ...

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    Official: Lola files for bankruptcy
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    Lola may not be a name recognized by the average consumer, but racing fans will know it well. The British concern has built and continues to build race cars that have spanned an enormous variety of series and disciplines since its founding in 1958, including (but not limited to) Formula One, Le ...

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    Official: Saab secures $96M bridge loan, lodges appeal as unions push for bankruptcy
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    Saab fans: Go find yourself a hat, and hold the hell on to it – we have a feeling this ride is about to get a wee bit bumpier. First, Saab has confirmed that Swedish unions Unionen and Ledarna have officially filed for bankruptcy of Saab Automobile. That's par for the course and anything ...

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    Report: Land Rover tuner Overfinch plunges into receivership, up for sale
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    Holland & Holland Range Rover by Overfinch – Click above for high-res image gallery
    Overfinch, the company that modifies Range Rover SUVs has been placed into administration. This is essentially the United Kingdom's version of what we in the States refer to as receivership. Overfinch ...

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