The mysterious financier asks the judge to stop selling assets on Canoo

A mysterious investor outside London requested a bankruptcy judge in Delaware to stop sale From the assets of EV starting Canoo of its CEO, calling it a “insufficient” process.

Charles Garson, based in the UK investor, with no obvious relationships with the launch of EV, offered $ 20 million for Canoo’s assets, According to the submissionS A lawyer representing Garson filed a proposal on Friday to release the sale, claiming that he had presented “far more” to that of CANOO CEO Anthony Aquila, which bids only $ 4 million in cash on assets. (Aquila’s offer also includes the repayment of about $ 11 million loans that cannoooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooool

It is alleged that Garson said from the trustee of the bankruptcy that his proposal would be considered and he had approximately the end of April to finalize the details, according to the submission. Two days after Garson claims he was told, the trustee “moved forward with the hearing of the sale” and closed the sale of Aquila’s Canoo assets. The sale eventually closed on April 11. The trustee of the bankruptcy did not respond to a request for comment.

Garson is not alone in protest against the sale. Harbinger Motors, the launch of EV Trucking, created by a number of former Canoo officials, objected to the sale before it was finalized. The bankruptcy judge canceled this objection; Harbinger has filed a complaint.

There is very little information about Garson Online. His LinkedIn profile states that he is in London and is involved in real estate investment. His is cited as the director of a real estate investment company called Garland Holdings Limited in the UK, according to CountryS

The release proposal does not explain why Garson is interested in Canoo or whether other investors are involved. Garson provided a statement in support of the release proposal, which includes 23 exhibits. But all these documents were filed under seal. Garson’s lawyer did not immediately respond to a request for comment.

“(Garson) believed that there is more than enough time to submit his superb offer based on communications with the trustee and his advice. Depending on such communications, Mobant does not object to the sale or official
Submit a competitive offer while continuing to finalize your offer and ask for clarification from the trustee ”according to the submission.

“Despite the obviously superb suggestion that practically throws him, the trustee decided to seek the approval of the transaction court with Aquila,” the submission said. Aquila lawyer did not respond to a request for comment.

Up to eight countries signed NDAS and evaluated Canoo’s assets before the sale, a lawyer for the bankrupt launch discovered earlier this monthS He said that only a few of them were approaching the offer, including a group that a bankruptcy trustee said he could raise concerns with the Committee on Foreign Investment in the United States because of his (unspecified) “foreign property”. It is unclear whether Garson’s offer is what he refers to the trustee.