- Sonder US’s bankruptcy created uncertainty about the continuation of its significant TOMS appeal.
- Efforts are ongoing behind the scenes to keep the appeal alive, with funding being a major challenge.
- The Court of Appeal has granted a stay, postponing the hearing rather than cancelling it.
- The stay allows time for potential precedent from the Bolt TOMS case and for securing necessary funding.
- The case remains active, offering hope to affected businesses, though uncertainty persists.
Source: deeksvat.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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