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Sweden’s Northvolt Files For Bankruptcy
Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ambitions
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., dealing a blow to Europe's hopes that its most developed battery player would reduce Western car makers' reliance on Chinese rivals.
Northvolt, Hailed As Europe’s Future EV Battery Champion, Files For Bankruptcy
Northvolt, a Swedish-based lithium-ion battery manufacturer backed by Volkswagen Group and others, has filed for bankruptcy protection in the United States. The company was hailed as one of Europe's biggest hopes against China's EV battery supremacy.
Northvolt CEO steps down following bankruptcy filing
Company co-founder Peter Carlsson steps down from CEO position at Northvolt in the wake of Chapter 11 announcement in the United States. The Swedish battery maker has embarked on a debt restructuring process and is seeking new sources of funding.
8d
Intrum files for bankruptcy in US to restructure $4.5 billion debt pile
Intrum , Europe's biggest debt collector, on Friday said it had filed for Chapter 11 bankruptcy in the United States in a bid ...
3d
on MSN
Big Lots closing 19 more stores as retailer navigates Chapter 11 bankruptcy
Big Lots announced in September that the company filed for Chapter 11 bankruptcy protection and planned on closing more than ...
BizWest
12d
Court filing alleges fraud in Future Legends bankruptcy
The case was later closed after Katofsky failed to find new representation. Cases cited: Case No. 24-51031, Chapter 11 ...
5d
Medical company’s bankruptcy could hinder jail death lawsuits in Charlotte
Wellpath, the former healthcare provider at the Mecklenburg County jail, filed for bankruptcy, hindering death lawsuits.
JD Supra
8d
Claw-Back Litigation in FTX Bankruptcy FAQ's: An Update
Given the high stakes and complexity of the FTX bankruptcy case, consulting with an experienced attorney as early as possible ...
5d
on MSN
Spirit Airlines filed for bankruptcy. What does that mean for travelers?
NEW YORK -- Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday. The ...
5d
Spirit Airlines encourages customers to keep flying through bankruptcy
Spirit Airlines told customers Monday that they should continue feeling comfortable booking flights “now and in the future,” ...
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