Fisker Automotive

 

Fisker Automotive filed for bankruptcy in 2013 and is currently working with the creditors committee and the bankruptcy judge to determine what the future holds for the company and its investors. ASC's reaction to this news was two-fold:

As of January of 2014, the bankruptcy judge has ordered an auction to be held the first week of February, 2014 for Fisker's assets.
The Department of Energy would be the beneficiary of that auction sale.

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