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Trump pardon can’t shield Nikola founder’s bankruptcy claim from lower priority, Bloomberg Law reports

The claim totals nearly $70 million and belongs to Trevor Milton, Nikola’s founder and former CEO, Bloomberg Law reports.

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Trump pardon can’t shield Nikola founder’s bankruptcy claim from lower priority, Bloomberg Law reports · Digg

Trump pardon can’t shield Nikola founder’s bankruptcy claim from lower priority, Bloomberg Law reports

The claim totals nearly $70 million and belongs to Trevor Milton, Nikola’s founder and former CEO, Bloomberg Law reports.

Bloomberg Law reports that Trevor Milton cannot use a presidential pardon to protect his nearly $70 million claim in Nikola’s bankruptcy from equitable subordination—meaning the claim can be given a lower repayment priority than other creditors’ claims.

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Trump pardon can’t shield Nikola founder’s bankruptcy claim from lower priority, Bloomberg Law reports

The claim totals nearly $70 million and belongs to Trevor Milton, Nikola’s founder and former CEO, Bloomberg Law reports.

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BL
Bloomberg Law@BLaw 8 hrs ago
Nikola Corp. founder and former CEO Trevor Milton can’t use a presidential pardon to shield himself from the equitable subordination of his nearly $70 million claim in the fallen electric truck maker’s bankruptcy.
bloomberglaw.com
Trump Pardon Fails to Save Nikola Founder’s Bankruptcy Claim
Nikola Corp. founder and former CEO Trevor Milton can’t use a presidential pardon to shield himself from the equitable subordination of his nearly $70 million claim in the fallen electric truck maker’s bankruptcy.
- likes: 0
- replies: 0
- bookmarks: 1
- reposts: 0

Posts from X

1 post

BL
Bloomberg Law@BLaw 8 hrs ago
Nikola Corp. founder and former CEO Trevor Milton can’t use a presidential pardon to shield himself from the equitable subordination of his nearly $70 million claim in the fallen electric truck maker’s bankruptcy.
bloomberglaw.com
Trump Pardon Fails to Save Nikola Founder’s Bankruptcy Claim
Nikola Corp. founder and former CEO Trevor Milton can’t use a presidential pardon to shield himself from the equitable subordination of his nearly $70 million claim in the fallen electric truck maker’s bankruptcy.
- likes: 0
- replies: 0
- bookmarks: 1
- reposts: 0

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@BLawNikola Corp. founder and former CEO Trevor Milton can’t use a presidential pardon to shield himself from the equitable subordination of his nearly $70 million claim in the fallen electric truck maker’s bankruptcy. https://news.bloomberglaw.com/bankruptcy-law/trump-pardon-fails-to-save-nikola-founders-bankruptcy-claim?taid=6aa4b2336c2d4d0001f1815e&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter

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1 post

BL
Bloomberg Law@BLaw 8 hrs ago
Nikola Corp. founder and former CEO Trevor Milton can’t use a presidential pardon to shield himself from the equitable subordination of his nearly $70 million claim in the fallen electric truck maker’s bankruptcy.
bloomberglaw.com
Trump Pardon Fails to Save Nikola Founder’s Bankruptcy Claim
Nikola Corp. founder and former CEO Trevor Milton can’t use a presidential pardon to shield himself from the equitable subordination of his nearly $70 million claim in the fallen electric truck maker’s bankruptcy.
- likes: 0
- replies: 0
- bookmarks: 1
- reposts: 0

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Source Posts

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