Headline: Reuters, 8/28/2023
The company filed for bankruptcy protection in June and put itself up for sale after failing to resolve a dispute over a promised investment from Taiwan's Foxconn (2354.TW). Advertisement ·
"We expect to have one-or-more purchasers," Lauria told Bloomberg.
A U.S. judge on Monday ruled out Foxconn's bid to curtail Lordstown's efforts at seeking bankruptcy protection in the U.S., marking a shot in the arm for the troubled EV manufacturer embroiled in legal disputes.
Other Foxconn and Foxconn/Lordstown posts:
2023
August
Lordstown Motors cautionary tale. (8/10)
July
More bad karma for Lordstown Motors. (7/25)
Take the money and run. (7/18)
June
May
January
2022
2021
GET ME REWRITE: Yes, Foxconn's $100 milion pledge to UW-Madison was nothing more than a cynical election ploy by Scott Walker. (8/11)
The mysteries of Foxconn (season 2). (5/12)
2020
GET ME REWRITE: Two gullible guys from Racine County still believe anything Foxconn tells them. (10/23)
Keeping tabs on Foxconn Place in
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