Troubled Electric Vehicle Maker Nikola Files for Bankruptcy Protection
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot start-up and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona company's technology.
In 2019 and 2020, the company was sold to Authentic Brands Group, Simon Property Group, and Brookfield Partners for $81 ...
Liberated Brands, the operator for Billabong, Quiksilver, and Volcom, filed for bankruptcy effectively closing the popular ...
Liberated Brands, the parent company of several sport, outdoor and lifestyle apparel retailers, has initiated Chapter 11 ...
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