Titanic Shipbuilder Goes Insolvent After 163 Years, $264M Funding Request Denied By Authorities
Harland & Wolff, the historic UK shipbuilder known for constructing the Titanic, declared insolvency on Monday. What Happened: The 163-year-old company announced it would likely enter administration in the coming days after failing to secure necessary funding. Administration allows UK companies to restructure instead of immediate liquidation. Harland & Wolff’s request for a £200 million … Read more
