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Insolvency proceedings

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F1: Lotus gets final High Court reprieve

Formula 1

F1: Lotus gets final High Court reprieve

By alley - Sep 18, 2015, 10:31 AM ET

Lotus has earned a second and final reprieve in the High Court as it continues to fight for its future in Formula 1.The team was initially forced into the High Court on September 7 after insolvency proceedings were brought against it by HMRC over unpaid PAYE (income tax and national...

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