bankruptcy

Meanwhile, Lynch, the Miami-based investor, had been asking the U.S. government to allow him to bid on the sabotaged Nord Stream Pipeline 2 if it came up for auction in a Swiss bankruptcy proceeding.

Without it, many councils have warned they face rising costs and even bankruptcy.

Describing his current financial situation as “not great,” Spacey said that he did manage to avoid filing for bankruptcy, although he conceded that it had been “discussed” as an option.

Northvolt was seen as a cornerstone in European efforts to catch up with Chinese battery producers before production delays and its mounting debts led it to declare bankruptcy in March.

Already this fall: Palo Verde Hospital in Blythe filed for bankruptcy and Southern Inyo Hospital in Lone Pine sought emergency funds.