The process started 6 months ago has reached a conclusion.  They must have owed too much to be bailed out.  Before Christmas Loeb was linked to Pesca, so I suspect they have a cunning plot.

It not hit the English press yet, and according to Le Figaro and Bing

"The Pescarolo Team was placed in receivership on Tuesday. The Le Mans structure will be difficult to recover from this umpteenth hit hard even though its iconic founder is still believes.  The verdict fell Tuesday. And it was not favourable to the Pescarolo Team. Le Mans trade tribunal decided the liquidation the famous Le Mans structure, announced Le Maine Libre. Prey to serious financial problems for several years, the team had been placed since the month of July as a backup procedure which augured no good.

In an interview with RLM, Henri has stated that he will be back with his own team in 2014.

Nine lives and all that. I just hope he has learnt a few managerial lessons.

If you were going to start/restart in LMP1, would you really choose the year when Porsche intends to do the same?

That kind of competition has never seemed to deter Henri in the past.  Remember the Matra?