NanoUniverse forced into voluntary liquidation

NanoUniverse, the Anglo-American internet incubator, yielded to pressure from its majority shareholder, Laxey Partners, the Isle of Man-based investment house, and has finally agreed to wind up business.

The news ends several months of wrangling between NanoUniverse and Laxey, which owns between 25% and 30% of the company. It culminated in Laxey agreeing with NanoUniverse's board to withdraw the share requisition it served on the July 2.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump