Fisker Automotive Holdings, Inc. Files Chapter 11

• Debtor Name:  Fisker Automotive Holdings, Inc.
• Year Filed:  2013
• Jurisdiction:  United States Bankruptcy Court / District of Delaware
• Asset Size:  100,000,001 to 500,000,000
• Case Number:  13-13087
• Industry:  Automobile/Auto Parts/Services, Manufacturing

The Anaheim, California-based, hybrid electric vehicle manufacturer was formed in 2007.    As part of the Advanced Technology Vehicles Manufacturing Incentive Program, the Debtors received approximately $192 million in loans from the Federal Financing Bank.

The Debtors are represented by Kirkland & Ellis LLP.

Metavation, LLC Files For Chapter 11

• Debtor Name:  Metavation, LLC
• Year Filed:  2013
• Jurisdiction:  United States Bankruptcy Court / District of Delaware
• Asset Size:  10,000,000 to 100,000,000
• Case Number:  13-11831
• Industry:  Automobile/Auto Parts/Services, Manufacturing

The auto parts supplier is based in Southfield, Michigan.

Better Place, Inc. Files Chapter 15 Petition

• Debtor Name:  Better Place, Inc.
• Year Filed:  2013
• Jurisdiction:  United States Bankruptcy Court / District of Delaware
• Asset Size:  Less than 10,000,000
• Case Number:  13-11814
• Industry:  Automobile/Auto Parts/Services, Chapter 15 Proceeding, Manufacturing

The Tel Aviv, Israel-based company, developed battery charging and battery switching services for electric cars.

The Debor blames the filing on heavy capital costs and lower than expected market penetration.

 

JEAD Auto Supply Inc. Files For Chapter 11

• Debtor Name:  JEAD Auto Supply Inc.
• Year Filed:  2013
• Jurisdiction:  United States Bankruptcy Court / Southern District of New York
• Asset Size:  Less than 10,000,000
• Case Number:  13-10773
• Industry:  Automobile/Auto Parts/Services, Retail

The Bronx-based Debtor lists aproximately $6 million in assets.