Under The Radar: Bankruptcy News You May Have Missed
An artificial intelligence startup said its former CEO can't put a freeze on her indemnification claims in its bankruptcy while she faces criminal and civil fraud charges. The bankrupt former owner of a talc mine owner said it needs another $9 million in Chapter 11 funding to close its case. And, the Office of the U.S. Trustee said use of opt-out forms to get creditor consent to third-party releases aren't allowed under state law.
Meet The Attys Behind EV Co. Ideanomics' Ch. 11
A team of attorneys from Foley & Lardner LLP and Ashby & Geddes PA is representing New York-based electric-vehicle technology company Ideanomics Inc. in its Chapter 11 case in Delaware, as the company seeks to recover after burning through over $700 million in cash over four years with plans to hand the business to its main lender.
EV Co. Ideanomics Took Wandering Path To Ch. 11
Ideanomics Inc., a company that careened through seemingly unrelated industries before landing in the electric-vehicle charging business in recent years, drained itself of more than $700 million in cash over four years on its way to crashing into bankruptcy this month with a plan that could hand the business to its main lender.
Under The Radar: Bankruptcy News You May Have Missed
An artificial intelligence startup said its former CEO can't put a freeze on her indemnification claims in its bankruptcy while she faces criminal and civil fraud charges. The bankrupt former owner of a talc mine owner said it needs another $9 million in Chapter 11 funding to close its case. And, the Office of the U.S. Trustee said use of opt-out forms to get creditor consent to third-party releases aren't allowed under state law.
Meet The Attys Behind EV Co. Ideanomics' Ch. 11
A team of attorneys from Foley & Lardner LLP and Ashby & Geddes PA is representing New York-based electric-vehicle technology company Ideanomics Inc. in its Chapter 11 case in Delaware, as the company seeks to recover after burning through over $700 million in cash over four years with plans to hand the business to its main lender.
EV Co. Ideanomics Took Wandering Path To Ch. 11
Ideanomics Inc., a company that careened through seemingly unrelated industries before landing in the electric-vehicle charging business in recent years, drained itself of more than $700 million in cash over four years on its way to crashing into bankruptcy this month with a plan that could hand the business to its main lender.
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Mid Cap More
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