Post by Justin MJ

Bankruptcy edit On June 27, 2023, Lordstown sued Foxconn for failing to follow through with its $170 million investment and subsequently filed for Chapter 11 bankruptcy protection as part of a plan to sell itself.[34] On September 27, 2023, in a bankruptcy filing, Lordstown agreed to sell assets related to the "design, production and sale of electric light duty vehicles" in the commercial fleet market to Delaware-based LAS Capital, whose majority equity holder is Lordstown founder and ex-CEO Steve Burns, for $10M.[35] On October 18, 2023, the sale was approved by the bankruptcy court, which also, after objections from the United States Justice Department, kept control of rights to pursue legal claims against Lordstown's directors with the court instead of following the new owners of the assets.[36] The sale includes all vehicles, machinery, books, records, information, files, and data and plans owned by Lordstown and the new owner will assume liability for all customer warranty, product liability, and recall obligations related to Lordstown Endurance trucks.[37]" https://lnkd.in/gan3zNex WARS... RELIVE EU.. EU should not be mentioned by TRUMP in his problem analysis. British - Japanese Parliamentary Group The Danish Parliament INDIAN PARLIAMENT American Institute of Parliamentarians British Gas Emmanuel Macron Giorgia Meloni Obama for America Bundesagentur für Arbeit Helmut-Schmidt-Universität/Universität der Bundeswehr Hamburg Robert Habeck FDP Freie Demokraten CDU Deutschlands Konrad-Adenauer-Stiftung BNI Chapter Alexander von Humboldt Political Scientists POLITICO Europe Munich Security Conference World Health Organization Red Cross Next Gen Russian Federation - Russia Iranian Red Crescent Society Steve Waugh Foundation Adam Gilchrist Sreekala Andrews Citizen Digital Foundation Barbados Government Information Service Presidential Administration of Ukraine Narendra Modi MK Stalin CBRE Property Management CBRE Capital Markets CBRE Ireland Industrial & Logistics Tata Group World Health Organization UN Human Rights Council Investigative Bodies INTERPOL Europol Volgograd Police Academy of Russian Federation