Print Published 21st May 2018, 16:10

Cambridge Analytica files formal petition for bankruptcy in US

As anticipated, the US data analytics consultancy Cambridge Analytica formally filed a voluntary petition for bankruptcy in the United States last Thursday 17 May.

The UK companies associated with the business had already appointed Vince Green and Mark Newman from Crowe Clark Whitehill to act as joint administrators (see Cambridge Analytica and its UK related company go into administration).