The fight over Fisker’s assets is already heating up

June 21, 2024 — The fight over Fisker’s assets is already charged just days into its bankruptcy filing, with one lawyer claiming the startup has been liquidating assets “outside the court’s supervision.” At issue is the relationship between Fisker and its largest secured lender, which loaned Fisker more than $500 million in 2023 at a time when the company’s financial distress was looming behind the scenes.

The all-new Fisker Ocean electric SUV is displayed at the Los Angeles Auto Show in Los Angeles, California on November 18, 2021. (Photo by FREDERIC J. BROWN/AFP via Getty Images)
The all-new Fisker Ocean electric SUV is displayed at the Los Angeles Auto Show in Los Angeles, California on November 18, 2021. (Photo by FREDERIC J. BROWN/AFP via Getty Images)Image Credits:FREDERIC J. BROWN/AFP / Getty Images

From the Storyline: The fall of EV startup Fisker

Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led…

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