Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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Auto/Auto Parts

November 22, 2013

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.

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July 23, 2013

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.

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July 22, 2013

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.

 

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March 15, 2013

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.

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