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Fisker Automotive Bankruptcy Case Progressing post image

Fisker Automotive Bankruptcy Case Progressing

Fisker Automotive recently filed for bankruptcy, and the bankruptcy case is headed for an important hearing during the second week of January. According to USA Today, a judge will decide whether the company’s assets will be purchased by Hybrid Technologies or opened to an auction. The company, which is seeking protection under bankruptcy law, is […]

Author: Joel R. Glucksman

Link to post with title - "Fisker Automotive Bankruptcy Case Progressing"
Chinese Buyer Changes Bankrupt A123 Systems' Name to B456 post image

Chinese Buyer Changes Bankrupt A123 Systems' Name to B456

In a streak of creativity following its purchase of bankrupt battery maker A123 Systems, Chinese firm Wanxiang Group changed the company’s name to B456 Systems and announced its plans to renew operations within the U.S. After filing the new name with the U.S. Securities and Exchange Commission, Wanxiang said it plans to maintain the company’s […]

Author: Joel R. Glucksman

Link to post with title - "Chinese Buyer Changes Bankrupt A123 Systems' Name to B456"
Fisker Automotive Strongly Considers Bankruptcy post image

Fisker Automotive Strongly Considers Bankruptcy

Fisker Automotive, a government-backed manufacturer of luxury, plug-in hybrid sports cars, recently sought legal representation in the likely event that it will file for bankruptcy protection. The company is currently searching for a strategic investor to provide the financial backing that will allow it to avoid bankruptcy proceedings. In the meantime, it was forced to […]

Author: Joel R. Glucksman

Link to post with title - "Fisker Automotive Strongly Considers Bankruptcy"

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