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A copy of the consent decree and knowledge on submitting feedback is available on the Justice Department’s web site at /enrd/consent-decrees. Get all the day’s most vital information with our publication, despatched each weekday. “With a considerably strengthened steadiness sheet and new capital, this transaction will place us to put cash into innovation and additional drive financial performance. According to now-CEO Vance Johnston’s affidavit within helpful site the US Bankruptcy Court, Wheel Pros’ acquisition of Hoonigan got here amid a period the place the previous brand was “experiencing large growth” throughout the COVID-19 pandemic. Less than a 12 months after Hoonigan turned the face of an automotive elements conglomerate, the Ken Block-founded model has entered bankruptcy. Latest JPJ formula – calculate how a lot your EV’s highway tax will price.

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