Saturday, October 27, 2012

Fisker Desires Court to Delay A123 Bankruptcy Auction

Fisker Automotive Inc., a closely held startup carmaker led by auto designer Henrik Fisker, asked a bankruptcy judge to delay the auction of U.S. electric-auto battery maker A123 Systems Inc. (AONE)
“A hurried sale process will be damaging to the estates and deprive creditors of worth that may be realized by means of higher and much better delivers,” Gregg Galardi, a Fisker attorney, said in court papers filed right now in Wilmington, Delaware.
Fisker, based in Anaheim, California, also

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