A source tells BAZAAR that 'paperwork has been filed.'
. As a result,"the charity formally enters a period of 'solvent liquidation,'" per a source.
It's already been revealed that the Duke and Duchess of Sussex plan to start a new organization, Archewell, following their move to Los Angeles. However, the official process to close down Sussex Royal is now underway. A source reveals to,"During this period all Trustees will step down from their roles, except for The Duke of Sussex who will formally remain as a Director and Trustee until the liquidation process is complete.
The source also notes that"the sole programme in operation and development at the charity has been the sustainable travel and tourism initiative, Travalyst. Travalyst is now operating as an independent non-profit based in the UK, and all assets from Sussex Royal will transfer over."
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