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Mealeys

MLex

FAH Liquidating Corp.

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Case overview

Case Number:

1:13-bk-13087

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. November 12, 2014

    Law Firms' Extra Fees Bid In Fisker Ch. 11 May Go To Trial

    A Delaware bankruptcy judge said Wednesday that a bid for roughly $2.5 million in extra fees by firms that advised electric carmaker Fisker Automotive Holdings Inc.'s unsecured creditors committee — including Brown Rudnick LLP and Saul Ewing LLP — may have to go to trial.

  2. October 15, 2014

    Brown Rudnick, Others Slammed For $2.5M Ch. 11 Fee Hike

    Hybrid Tech Holdings LLC on Tuesday slammed a bid for a $2.5 million fee enhancement by Brown Rudnick LLP and other attorneys in the Fisker Automotive Holdings Inc. Chapter 11 case, telling a Delaware bankruptcy judge they “did their job and got paid for it” and aren’t entitled to an increased sum.

  3. July 28, 2014

    Fisker Ch. 11 Plan To Disburse Sale Proceeds Gets OK

    A Delaware bankruptcy judge on Monday blessed Fisker Automotive Holdings Inc.'s Chapter 11 liquidation plan, allowing the electric-car maker's estate to distribute the proceeds from its $149.2 million sale to a unit of Wanxiang Group Corp.

  4. July 16, 2014

    IRS Says Fisker Plan Doesn't Account For Tax Liabilities

    The Internal Revenue Service on Wednesday urged a Delaware bankruptcy court to reject Fisker Automotive Holdings Inc.'s Chapter 11 bankruptcy plan, saying it fails to preserve the agency's recoupment rights.

  5. July 10, 2014

    The Biggest Bankruptcy Decisions Of 2014: Midyear Report

    The year is half over and while commercial bankruptcy filings continue to decline, courts have kept the restructuring and insolvency community on its toes as they've churned out decisions that have left lasting imprints on jurisdiction, credit bidding and law firm liquidations.

  6. June 30, 2014

    WARN Claimants Say Fisker's Ch. 11 Plan Shortchanges Them

    The class of former employees suing the Fisker Automotive Holdings Inc. bankruptcy estate over their terminations blasted the defunct electric carmaker's Chapter 11 plan on Friday, arguing that it doesn't set aside enough money to pay their claims and could immunize the debtor's ex-leadership from liability.

  7. June 09, 2014

    Fisker Estate Gets OK To Send Ch. 11 Plan To Creditors

    A Delaware bankruptcy judge on Monday gave Fisker Automotive Holdings Inc. the green light to solicit creditor votes for a Chapter 11 liquidation plan that would distribute proceeds from the electric-car maker's $149.2 million sale to a unit of China's Wanxiang Group Corp.

  8. May 01, 2014

    Fisker Seeks More Time To Finalize Ch. 11 Plan

    Fisker Automotive Holdings Inc. on Wednesday sought more time to finalize its Chapter 11 plan before a judge considers sending it to creditors for a vote, saying that even with a $150 million sale to Wanxiang Group Corp. in place, certain creditors are still not quite on board.

  9. April 14, 2014

    Fisker To Dole Out $28M From Sale Proceeds

    Bankrupt electric-car maker Fisker Automotive Holdings Inc. reached an agreement to pay creditor Hybrid Tech Holdings LLC and other secured lenders $8 million to cover administrative claims and to put another $20 million into a liquidating trust, according to a Friday filing in Delaware bankruptcy court.

  10. March 21, 2014

    How They Won It: Brown Rudnick Brings The Heat In Fisker

    In the face of a bankruptcy exit plan and sale that would have handed Fisker Automotive Holdings Inc.'s unsecured creditors less than a penny on the dollar, attorneys at Brown Rudnick LLP forced a competitive auction that knocked up the value of the sale by 150 percent.