Fisker Inc.

  1. October 15, 2024

    J&J Stays In Texas, True Value Files, Bally Sports Docs OK'd

    The latest bankruptcy case of a Johnson & Johnson talc unit survived a motion to transfer the proceedings to New Jersey, decades-old hardware store chain True Value commenced a Chapter 11 case and the update plan disclosure statement for the parent of Bally Sports regional sports networks were approved by a Texas judge. This is the week in bankruptcy.

  2. October 11, 2024

    Electric Vehicle Maker Fisker Cleared To Exit Chapter 11

    Electric car maker Fisker Inc. is set to exit Chapter 11 after a Delaware bankruptcy judge on Friday ruled that opt-out forms sent during plan voting showed creditor consent for third-party releases, but that shareholders who didn't vote on the plan hadn't agreed to the releases.

  3. October 09, 2024

    EV Maker Fisker Hits Speed Bumps On Ch. 11 Exit Path

    Electric-car manufacturer Fisker Inc. met strong resistance Wednesday as it argued for confirmation of its plan to liquidate through bankruptcy, with two federal agencies and a buyer of the company's vehicles voicing objections to its Chapter 11 proposal during a hearing in Delaware's bankruptcy court.

  4. October 07, 2024

    FTX Wins Plan Approval, Diamond Sports Drops MLB Deals

    FTX will start repaying customers using up to $16.5 billion in assets that the fallen cryptocurrency company has recovered since filing for bankruptcy in November 2022, after a Delaware bankruptcy judge blessed FTX's reorganization plan at a hearing Monday. 

  5. October 04, 2024

    SEC Says It's Investigating Bankrupt EV Maker Fisker

    The U.S. Securities and Exchange Commission said Friday that it's been looking into whether electric-car maker Fisker Inc. violated securities law before it filed for Chapter 11 protection, urging a Delaware federal bankruptcy judge not to approve Fisker's proposed liquidation plan.

  6. September 09, 2024

    Fisker Can Take Votes On Ch. 11 Wind Down Plan, Judge Says

    A Delaware bankruptcy judge on Monday cleared electric-car maker Fisker Inc. to send its Chapter 11 liquidation plan out to creditors for voting, shortly after the judge approved a settlement involving Fisker and an Austrian affiliate.

  7. September 04, 2024

    Fisker Seeks OK For Ch. 11 Deal With Austrian Car Co.

    Electric car maker Fisker Inc. requested that a Delaware judge approve a $475 million settlement with its Austrian manufacturing partner, which would cut more than €1.5 billion ($1.7 billion) in claims against its Austrian subsidiary, saying it meets the "best interest" of the debtor, creditors and all stakeholders. 

  8. August 26, 2024

    Girardi Denies Fraud Charges, Alex Jones Biz Sale Proposed

    Disbarred attorney Tom Girardi has denied stealing from any of his clients, asking a judge to toss wire fraud charges. Meanwhile, a court-appointed trustee in Alex Jones' bankruptcy has asked a Texas judge to authorize the liquidation and wind-down of Free Speech Systems. This is the week in bankruptcy.

  9. August 23, 2024

    Electric Car Co. Fisker Promises Ch. 11 Plan In A Week's Time

    A Delaware bankruptcy judge Friday gave defunct electric-vehicle maker Fisker Inc. permission to enter into a deal with its lenders that will see it file a Chapter 11 plan by the end of August and seek court approval for the plan in just over a month.