JoWood suing Koch over underpayment of 6.4 million company shares

Publisher JoWood, which filed for insolvency earlier in the month, has filed a lawsuit against Koch Media claiming the firm underpaid for 6.4 million JoWood shares back in 2006.

Insolvency headlines

  • 10tacle declares insolvency

    The German Wall Street Journal is reporting that 10tacle Studios AG has claimed insolvency. The company was due to receive €6.2 million in funding but this has apparently fallen through, hence the move. Thanks, GI. By Mike Bowden