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Pretty Please - add it to our Events forum(s) and add to the calendar! >> 
aeronca65t
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Lola Bankrupt
- Thread starter aeronca65t
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This is hard to admit but I didn't know Lola was still in business.
I knew they had gone into administration, but I can't believe a buyer couldn't be found. I guess the significant thing is that the rights to the name were NOT included, which to be fair, makes the company worthless IMO if it wasn't making money.
All that's left is the physical assets which I'm guessing were valued too highly when a new name for the company would be needed or an existing company would have to swallow them up.
Sad, but I have a feeling that Lola will be back again in a few years. Reynard went bankrupt a few years back, it didn't stop Adrian Reynard from starting again.
All that's left is the physical assets which I'm guessing were valued too highly when a new name for the company would be needed or an existing company would have to swallow them up.
Sad, but I have a feeling that Lola will be back again in a few years. Reynard went bankrupt a few years back, it didn't stop Adrian Reynard from starting again.