The judge in Canoo’s bankruptcy case has blocked an attempt by a mysterious financier to disrupt the sale of the EV startup’s assets. In a hearing Tuesday, Judge Brendan Linehan Shannon ruled the financier, a U.K.-based man named Charles Garson, lacked standing to request the sale to Canoo’s own CEO be vacated. While Garson had […]

A mysterious investor out of London has asked a bankruptcy judge in Delaware to stop the sale of EV startup Canoo’s assets to its CEO, calling it a “flawed” process. Charles Garson, a U.K.-based investor with no obvious ties to the EV startup, offered $20 million for Canoo’s assets, according to a filing. A lawyer […]

The sale of bankrupt EV startup Canoo’s assets to its CEO has been okayed by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon said in a hearing Wednesday he believes the process was fair and that no one else but Canoo CEO Anthony Aquila made […]