Swedish Amazon Aggregator Files Ch. 15 To Halt Arbitration - Law360: Swedish Amazon aggregator Go North Group AB, a business that consolidates small sellers into one platform, filed for Chapter 15 recognition in a New York bankruptcy court Monday, aiming to halt arbitration over a post-merger earnout dispute until it completes a roughly $75 million reorganization in its home country.
Ex-MoviePass CEO Admits $9.95 Plan Too Good To Be True: Former MoviePass CEO J. Mitchell Lowe pleaded guilty in Florida federal court on Monday to conspiracy to commit securities fraud, admitting that he and another executive hyped the illusion that their $9.95-a-month unlimited movie watching plan would be profitable while knowing it was merely a gimmick to defraud investors.
Fisker Ocean Owners Told They May Have to Pay for Recall Repairs - Business Insider: In an FAQ posted on Fisker's website Sunday, the company said Fisker owners would have to pay the repair costs for two outstanding recalls facing its Ocean electric car.
