Nikola Corporation

Track this case

Case Number:

1:25-bk-10258

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

U.S. Securities and Exchange Commission

Sectors & Industries:

November 25, 2025
Court Won't Alter Nikola Corp. Founder's Ch. 11 Appeal Issues

A Delaware bankruptcy judge declined Tuesday to narrow an appeal of his order approving electric-truck maker Nikola Corp.'s Chapter 11 plan brought by company founder Trevor Milton, who was pardoned by President Donald Trump of securities fraud charges earlier this year.
November 24, 2025
Pardoned Ex-Nikola CEO Wants Protection Amid Ch. 11 Appeal

Nikola founder Trevor Milton, who was pardoned of securities and wire fraud charges by President Donald Trump earlier this year, has urged the Delaware bankruptcy court to forbid his former company from serving him with discovery requests while he appeals an order approving the electric-truck maker's Chapter 11 plan.
November 21, 2025
What's Happening In Bankruptcy Court This Coming Week

Rite Aid will head to court to seek approval of its second reorganization plan in one year and justify its third-party releases in the aftermath of the U.S. Supreme Court's Purdue decision. Film production company Village Roadshow is scheduled for a hearing where it will fight a bid to stop its asset sale. And electric-truck maker Nikola is expected to attempt to collect the proceeds of an auction.
September 25, 2025
Ex-Nikola CEO To Appeal Ch. 11 Plan Confirmation

The founder and former CEO of Nikola said Thursday he will appeal a Delaware bankruptcy court's approval of the electric-truck maker's Chapter 11 plan, which has already settled the U.S. Securities and Exchange Commission's penalty claims and provides recoveries for general unsecured creditors.
September 05, 2025
Nikola Ch. 11 Plan OK'd Despite Founder's Pardon Objection

A Delaware bankruptcy judge Friday approved the Chapter 11 plan of electric-truck maker Nikola Corp., overruling an objection from the company's former CEO that was tied to his treatment under the plan and a pardon issued by President Donald Trump.
September 03, 2025
Nikola Corp. Settles SEC Objection To Ch. 11 Plan For $4M

Electric-truck maker Nikola Corp. told a Delaware bankruptcy judge that it had resolved an objection to its Chapter 11 liquidation plan by the U.S. Securities and Exchange Commission, agreeing to pay $4 million in cash after the agency challenged what it called Nikola's attempt to unfairly subordinate an $80 million civil penalty claim.
August 26, 2025
SEC Says Nikola's Ch. 11 Plan Mischaracterizes $80M Penalty

The U.S. Securities and Exchange Commission objected to the Chapter 11 plan of electric-truck maker Nikola Corp. on Tuesday, saying the plan improperly treats the agency's $80 million civil penalty claim as if it were a damages claim behind other unsecured creditors in the priority scheme.
August 25, 2025
Nikola Founder Cites Trump Pardon, Claire's Gets DIP Funds

Nikola’s founder and ex-CEO said his claim in the company’s Chapter 11 cannot be subordinated, while Clare’s got interim approval for bankruptcy financing and Avon secured a judge’s permission to implement its reorganization plan.
August 21, 2025
Nikola Ch. 11 Plan Ignores Trump Pardon, Founder Says

Trevor Milton, the founder and former CEO of electric-truck maker Nikola who was convicted of securities fraud, has asked the Delaware bankruptcy court not to allow the company to subordinate his $69 million claim, saying its Chapter 11 plan doesn't accurately account for the full presidential pardon he received earlier this year.
August 15, 2025
What's Happening In Bankruptcy Court This Coming Week

In the coming week, bankruptcy judges are set to hear issues including a Brazilian telecommunications company's proposed jump from Chapter 15 to Chapter 11, final approval of Genesis Healthcare's postpetition financing, and a settlement proposed by electric-vehicle maker Nikola Corp.

← Previous
1
2
Next →