Tag: Bankruptcy
Sri Lanka will hold presidential election on Sept. 21, its first since declaring bankruptcy in 2022
COLOMBO, Sri Lanka -- Sri Lanka will hold a presidential election on Sept. 21 that will likely be a test of confidence in...
Fisker has one major objector to its Ocean SUV firesale
One major dissenter threatens to upend Fisker’s apparent best chance at offloading its unsold EVs, a deal that would keep the startup’s bankruptcy...
The threat of litigation looms as Purdue Pharma returns to settlement talks
OxyContin maker Purdue Pharma is trying to chart the course for a new mass settlement of thousands of lawsuits over the toll of...
Henrik Fisker drops salary to $1 to keep Fisker Inc. bankruptcy case alive
Fisker Inc. co-founders Henrik Fisker and his wife, Geeta Gupta-Fisker, are lowering their salaries to $1 in order to keep their failed EV...
Fisker asks bankruptcy court to sell its EVs at average of $14,000 each
Fisker has a willing buyer for its remaining inventory of all-electric Ocean SUVs, and has asked the Delaware Bankruptcy Court judge overseeing its...