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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. March 06, 2014

    Fisker Gets $10.5M DIP To Cover Costs Until Sale Closes

    Bankrupt Fisker Automotive Holdings Inc. won interim approval Thursday for a new $10.5 million debtor-in-possession package designed to cover the electric-car maker's expenses while it finalizes the sale to a unit of China's Wanxiang Group Corp.

  2. February 18, 2014

    Bankrupt Fisker Gets Nod For $149M Sale To Wanxiang

    A Delaware bankruptcy judge on Tuesday approved the sale of shuttered electric car maker Fisker Automotive Holdings Inc. to a unit of China's Wanxiang Group Corp. for $149.2 million, blessing the result of an auction that boosted its sticker price by nearly $90 million.

  3. February 10, 2014

    Fisker Suitor's Credit Bid Cap Appeal Gets Thrown Out

    A Delaware federal judge on Friday denied an appeal by Hybrid Tech Holdings LLC, suitor of Fisker Automotive Holdings Inc., of a bankruptcy court's decision to cap its credit bid at $25 million, keeping the auction for the shuttered electric carmaker on track for Wednesday.

  4. January 17, 2014

    Fisker Gets Nod For Feb. Auction, 2 Stalking Horse Bidders

    A Delaware bankruptcy judge on Friday gave shuttered electric car maker Fisker Automotive Holdings Inc. the green light to auction its assets next month, blessing sale procedures that cast existing suitors Hybrid Tech Holdings LLC and Wanxiang Group Corp. in the unusual role of twin stalking horse bidders.

  5. January 14, 2014

    Fisker Automotive Suitor To Appeal $25M Credit-Bid Cap

    Hybrid Tech Holdings LLC, one bidder for bankrupt Fisker Automotive Holdings Inc., signaled its intention Tuesday to appeal a Delaware bankruptcy court ruling that capped its credit bid at $25 million, arguing that the decision disregards and "undermines the integrity" of the government's distressed loan auction process.

  6. January 13, 2014

    Fisker Bidding Intensifies As Hybrid Tech Ups Offer To $55M

    Hybrid Tech Holdings LLC on Monday submitted an improved $55 million offer for bankrupt Fisker Automotive Holdings Inc., revving up competition for the electric car maker as it prepares to embark on a court-ordered auction.

  7. January 10, 2014

    Bankrupt Carmaker Fisker Ordered To Hold Auction

    A Delaware bankruptcy judge put Fisker Automotive Holdings Inc. on the block Friday, rejecting the electric carmaker's plans for a private sale in favor of an competitive auction championed by unsecured creditors.

  8. January 08, 2014

    Suitor For Bankrupt Fisker Ups Buyout Offer By $10M

    Chinese auto giant Wanxiang Group Corp. has boosted its offer for Fisker Automotive Holdings Inc. by $10 million, but the bankrupt electric car maker intends to proceed with a planned asset sale this week to debt holder Hybrid Tech Holdings LLC, a Delaware bankruptcy judge heard Wednesday.

  9. January 02, 2014

    Fisker Sale Hearing Delayed As New Suitor Emerges

    A Delaware bankruptcy judge on Thursday agreed to delay a hearing on the proposed sale of electric car maker Fisker Automotive Holdings Inc. so parties could evaluate an eleventh hour, $25.7 million offer from Chinese auto giant Wanxiang Group Corp.

  10. December 10, 2013

    Fisker Gets Nod To Keep Ch. 11 Plan On Fast Track

    Fisker Automotive Holdings Inc. won approval for its disclosure statement Tuesday, after unsecured creditors assured a Delaware bankruptcy judge they were on board with the shuttered car maker's high-speed agenda to wrap up a sale and Chapter 11 plan just after New Year's.