News & Analysis as of

Chapter 11 Electric Vehicles Bankruptcy Code

Seward & Kissel LLP

Opting Out, Out of Options, and Sunnova Flaming Out

Seward & Kissel LLP on

Spirit Airlines recently emerged from Chapter 11 bankruptcy and announced it plans to rebrand itself as a premium airline. S&K Take: The Spirit case was obviously a significant undertaking, and the plan was confirmed by Judge...more

Kerr Russell

Lordstown Motors Vs Foxconn: 3 Takeaways For Automakers

Kerr Russell on

As part of its bankruptcy filing, Lordstown sued its strategic partner, Taiwan’s Foxconn, for allegedly setting in motion the circumstances that drove Lordstown into bankruptcy. Lordstown’s lawsuit teaches valuable lessons. ...more

Warner Norcross + Judd

EV Manufacturer Lordstown Motors Files for Chapter 11 Bankruptcy

Warner Norcross + Judd on

Lordstown Motors, an Ohio-based electric vehicle manufacturer, filed for chapter 11 bankruptcy in Delaware federal court on June 27, 2023. This filing is unsurprising, as the automotive company has been struggling financially...more

Foley & Lardner LLP

Near-Term Disruptions and Opportunities in the Automotive Supply Industry

Foley & Lardner LLP on

Disruption in the automotive industry seems a near-constant force these days. The automotive supply chain continues to suffer hangover challenges from the pandemic (including raw materials shortages and increased labor...more

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