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-vehicle battery maker A123 Systems Inc. (AONE)
“A hurried sale process will be damaging to the estates and deprive creditors of worth that might be realized via higher and far better gives,” Gregg Galardi, a Fisker attorney, mentioned in court papers filed today in Wilmington, Delaware.
Fisker, based in Anaheim, California, also

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