 In early August 2010, twenty-four of the thirty-seven employees of the TV station had been fired and all production activities had been stopped.OGBL, the Luxembourg Confederation of Independent Trade Unions, was told that the business model didn’t work out.In mid-October 2010, Jean Stock asked the Luxembourg Commercial Court to declare DVL.TV S.A. bankrupt after rejecting a proposed rescheduling of €2.6 million of a €3.25 million loan owed to him by DVL.TV following the takeover by Pugachyov,

On 29 October 2010, Jean Stock was chosen by the Luxembourg Insolvency Administrator in charge of the winding-up process of DVL.TV, as the exclusive party to become the new owner of the network, after submitting the highest bid.