Fisker Wants $3.8M In WARN Claims Deemed Worthless

Law360, Wilmington (December 19, 2013, 9:44 PM EST) -- Electric-car maker Fisker Automotive Holdings Inc. urged a Delaware bankruptcy judge Thursday to rule that nearly $3.8 million in claims filed by former employees have no value, saying the “meritless” claims could sink the company's Chapter 11 plan.

Fisker contends that claims brought by former employees under the U.S. Worker Adjustment and Retraining Notification Act should not be allowed, and seeks an order estimating their value at zero dollars.

"[The WARN claimants] threaten the debtors’ path to consummation of their plan by asserting meritless priority and...
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