The winding up petition versus the Fusionex Team of businesses remain pending before the courtroom and Together with the Court hearing the petition in May well 2024.
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“The past senior management departed the corporate right away with none type of handover from the management as well as functions.
It is usually not regarded if Hitachi has reached out to any consumers to assist them, even though such efforts are Evidently handicapped by it not being aware of who Fusionex’s clients even are past the large kinds the place the agreement wins ended up accompanied by media releases.
Ahead of my accessing the Hitachi winding up petition papers, I had invested Virtually two months inquiring industry gamers, present-day and previous Fusionex staff about what might have absent Erroneous but with very little light-weight on what might have induced this drastic final decision by Hitachi.
They have got absent to court but it really has to go through a Listening to in advance of everything article usually takes position. So I’m unsure when the hearing will occur. All this is finished by Hitachi’s lawyers.”
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