Investor Challenges Canoo Asset Sale Amid Bankruptcy Dispute
Investor calls Canoo's $4M asset sale flawed, offers $20M alternative. Controversy grows as more parties raise objections in court.
Matilda
Investor Challenges Canoo Asset Sale Amid Bankruptcy Dispute Canoo Bankruptcy Controversy: UK Investor Disputes Asset Sale Process Is Canoo’s bankruptcy asset sale fair and transparent? That’s the pressing question driving headlines after UK-based investor Charles Garson contested the court-approved $4 million asset purchase by Canoo CEO Anthony Aquila. Garson, who offered a substantially higher $20 million bid, claims the bankruptcy process was flawed—prompting many to search for details about the Canoo sale dispute, who Charles Garson is, and whether Canoo’s assets were undervalued. This legal battle over a high-stakes EV startup's liquidation is sparking interest across the electric vehicle investment community, especially with its implications for bankruptcy court ethics, corporate governance, and high-value asset disputes. Image Credits: Canoo Investor Alleges Flawed Process in Canoo’s Bankruptcy Sale A high-value legal drama is unfolding in Delaware bankruptcy court after a relatively unknown London-based financier, Charles Garson, filed a…
