Court halts Wootzano liquidation initiated by Innovate UK

Newcastle robotics firm Wootzano has resumed trading after the Court of Session in Edinburgh halted liquidation proceedings. It followed the confirmation of approximately £237 million in contracted distribution agreements in a report submitted to the court. The court granted a sist – a Scottish legal mechanism that pauses the liquidation process and allows a company … Continue reading Court halts Wootzano liquidation initiated by Innovate UK