Legal Business1h
Kirkland & Ellis and A&O Shearman advise as Northvolt begins Chapter 11 proceedings
Kirkland & Ellis and A&O Shearman are advising Swedish battery maker Northvolt as it enters Chapter 11 restructuring ...
How to Analyze the Northvolt Bankruptcy Using Toyota’s ‘Five Whys’ Technique
Here is a preliminary five whys analysis of Northvolt’s bankruptcy based on recent research: After reporting a $1.2 billion ...
devdiscourse5d
Northvolt's Strategic Move: Chapter 11 Reorganization
Northvolt enters Chapter 11 reorganization to secure $145 million cash collateral and $100 million financing. Operations in ...
Scania says it will lend Northvolt $100 mln under US Chapter 11 bankruptcy deal
Swedish truckmaker Scania said on Thursday it will lend Northvolt $100 million as part of the struggling Swedish battery ...
Goldman Funds to Take $900 Million Hit on Northvolt, FT Reports
The Goldman private equity funds, which together ranked as the second-largest shareholders in Northvolt, plan to write down ...
devdiscourse5d
Northvolt's Crisis: From EV Hope to Chapter 11
Northvolt's CEO Peter Carlsson steps down as the company files for Chapter 11 bankruptcy, seeking $1.2 billion to recover from production and funding struggles. The company aims to reorganize and ...
Northvolt’s Ex-Tesla CEO Quits In EV Battery Bankruptcy Fallout
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...
Northvolt Collapse Countdown Started With BMW Pullback
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
bestmag5d
Northvolt files for Chapter 11 protection
Sweden’s Northvolt filed for Chapter 11 protection in the US Bankruptcy Court for the Southern District of Texas on 21 ...
electrive6h
VW and Goldman Sachs write off Northvolt shares
Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...