A disputed bankruptcy sale has arisen involving Electric Vehicle startup Canoo, where investor Charles Garson from London contends that his bid of $20 million for Canoo's assets is significantly better than the $4 million bid from CEO Anthony Aquila. Garson's lawyer has filed a motion to vacate the sale, stating procedural flaws and alleging that the bankruptcy trustee ignored his offer. Additionally, Harbinger Motors, an EV startup founded by ex-Canoo employees, previously objected to the sale, suggesting a broader controversy surrounding Canoo’s asset disposition.
A mysterious investor from London, Charles Garson, contends his $20 million offer for Canoo's assets is being ignored in favor of a lesser bid by CEO Anthony Aquila.
Garson claims the bankruptcy trustee initiated the sale process prematurely, dismissing his superior $20 million bid in favor of Aquila's $4 million cash offer, raising questions about due diligence.
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