Nikola's Ch. 11 Sale Timeline Gets Court Approval

By Vince Sullivan · March 7, 2025, 5:56 PM EST

Bankrupt electric vehicle and hydrogen fueling technology maker Nikola Corporation received approval Friday in Delaware for its proposed bidding procedures, which seek to conduct an auction for its asset in a...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

The maker of electric and hydrogen-powered trucks filed for bankruptcy with plans to sell itself as a going concern.

Case Number

25-bk-10258

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1 billion to $10 billion

View Full Scorecard

Related Sections

Recent Articles By Vince