Nikola Corporation

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Case Number:

1:25-bk-10258

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. 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.

  2. August 14, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Co-owners of a rice mill accused the CEO of having exceeded his authority by starting bankruptcy. Bankrupt oil company Cox Operating's Chapter 7 trustee asked a Colorado federal court to weigh in on a property. And electric vehicle maker Nikola asked a bankruptcy court to approve a settlement.

  3. August 04, 2025

    Nikola Seeks To Erase $13M Securities Class Action Claim

    Bankrupt electric vehicle maker Nikola Corp. urged a Delaware bankruptcy judge to approve a plan to demote $13 million in claims connected to a securities class action, arguing the court shouldn't let investors convert their equity losses into creditor claims in Chapter 11.

  4. July 31, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    The U.S. Trustee's Office objected to the disclosure statement filed by Flagship Resort Development Corp., arguing it lacks details on third-party releases in its Chapter 11 liquidation plan. Guardian Elder Care's creditors committee opposed extending the company's exclusivity to file a Chapter 11 plan. Nikola Corp. asked to subordinate the SEC's $125 million penalty, calling it a lower-priority debt.

  5. July 18, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy judges will guide hearings in the coming days that concern issues including Nikola's Chapter 11 plan and disclosures, a youth mental health provider's plans for a real estate sale, and Rite Aid's proposed lease sales.

  6. June 18, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    The Roman Catholic diocese in Buffalo, New York, was ordered to use only a share of proceeds from the sale of a seminary building for a settlement with sexual abuse survivors. Meanwhile, a charter school funding company asked a bankruptcy judge to approve its speedy Chapter 11 sale process. And bankrupt electric-vehicle maker Nikola Corp. requested more time to draft its liquidation plan.

  7. May 27, 2025

    Nikola Creditors Ask To Examine Founder Over $100M Award

    The creditors committee in Nikola Corp.'s Chapter 11 case has asked a Delaware bankruptcy court for permission to conduct discovery on the company's founder to investigate whether he is dissipating personal assets that should be used to satisfy a $100 million arbitration award owed to the debtor.