Fisker, Others Seek Changes To A123 Bankruptcy Auction

Law360, Wilmington (October 26, 2012, 9:50 PM EDT) -- Bankrupt battery maker A123 Systems Inc. received objections on Friday to the terms of its planned Chapter 11 sale from Fisker Automotive Inc. and other parties seeking to either boost the bidding or protect their property.

None of the four limited objections filed in Delaware bankruptcy court wants to scuttle the proposed Nov. 19 auction, though Fisker, the company's largest customer, would like to see it delayed so that a more thorough marketing process can be conducted.

“The quick sale process ignores the needs of competing...
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