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Lordstown Motors ex-CEO approved to buy company assets for $10 million

Lordstown Motors ex-CEO approved to buy company assets for $10 million
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United statesAlexia garamfalviJennifer maddenDietrich knauthDavid turetskyJulio rodriguezStephen burnsDavid evansMary walrathUs department of transportationHon hai precision industryLordstown motorsJudge mary walrathLordstown motor

Ex-CEO gains approval to purchase Lordstown Motors (RIDE) assets for $10M

Ex-CEO gains approval to purchase Lordstown Motors (RIDE) assets for $10M
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United statesMary walrathJennifer maddenDavid turetskyMichael elkinsStephen burnsJulio rodriguezHon hai precision industryLordstown motorsJudge mary walrathLordstown motor

Lordstown Motors ex-CEO approved to buy company assets for US$10 million

NEW YORK: Electric vehicle company Lordstown Motors received US bankruptcy court approval on Wednesday (Oct 18) to sell its manufacturing assets to a new company affiliated with its founder and former CEO Stephen Burns for US$10.2 million. LAS Capital, majority-owned by Burns, will acquire Lordstown's inte

United statesMary walrathStephen burnsJulio rodriguezDavid turetskyJennifer maddenUs department of transportationHon hai precision industryLordstown motorsJudge mary walrathLordstown motor

Lordstown Motors ex-CEO approved to buy company assets for $10 mln

Electric vehicle company Lordstown Motors received U.S. bankruptcy court approval Wednesday to sell its manufacturing assets to a new company affiliated with its founder and former CEO Stephen Burns.

United statesDietrich knauthAlexia garamfalviMary walrathDavid evansStephen burnsDavid turetskyJennifer maddenJulio rodriguezUs department of transportationHon hai precision industryLordstown motorsJudge mary walrathLordstown motor

Lordstown Motors ex-CEO approved to buy company assets for $10 million

Electric vehicle company Lordstown Motors received U.S. bankruptcy court approval Wednesday to sell its manufacturing assets to a new company affiliated with its founder and former CEO Stephen Burns for $10.2 million. LAS Capital, majority-owned by Burns, will acquire Lordstown's intellectual property, business records, and machinery including assembly lines for electric vehicle motors and batteries. U.S. Bankruptcy Judge Mary Walrath approved the sale at a court hearing in Wilmington, Delaware,

United statesDietrich knauthAlexia garamfalviStephen burnsMary walrathJennifer maddenDavid evansJulio rodriguezDavid turetskyHon hai precision industryUs department of transportationLordstown motorsJudge mary walrathLordstown motor