Alastair Reed

2 months ago | news.bloomberglaw.com | Alastair Reed

Saab gets a contract modification award from the US Marine Corps for additional training instrumentation systems equipment. Order value for this award is $37m with deliveries taking place from 2025 to 2027To view the source of this information click here© 2025 Bloomberg L.P. All rights reserved. Used with permission. Learn more about Bloomberg Law or Log In to keep reading: Learn About Bloomberg Law AI-powered legal analytics, workflow tools and premium legal & business news.

2 months ago | news.bloombergtax.com | Alastair Reed

(Updates with additional details.) Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the company, the board of Northvolt AB today announced that it has filed for bankruptcy in Sweden “Despite pursuing all available options to negotiate and implement a financial restructuring, including a Chapter 11 restructuring process in the United States, and despite liquidity support from our lenders and key counterparties, the company...

2 months ago | news.bloombergtax.com | Alastair Reed

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2 months ago | news.bloomberglaw.com | Alastair Reed

(Updates to add details on bankruptcy process in Sweden.) Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the company, the board of Northvolt AB today announced that it has filed for bankruptcy in Sweden “Despite pursuing all available options to negotiate and implement a financial restructuring, including a Chapter 11 restructuring process in the United States, and despite liquidity support from our lenders and key...

Jan 30, 2025 | financialpost.com | Mitchell Ferman |Kari Lundgren |Alastair Reed

The Court of Session in Edinburgh quashed the approvals for the Rosebank and Jackdaw projects — led by Equinor ASA and Shell Plc, respectively — which were unlawful because they hadn’t considered the climate impact of burning oil and gas pumped from the fields, according to a statement from the court on Thursday. The fate of these projects has big implications for the UK North Sea, an aging oil and gas province where major new developments are dwindling.