Client: Fisker Automotive Holdings, Inc.
Case Background: In November 2013, Fisker Automotive Holdings, Inc. (“Fisker”), an American car manufacturer that produced one of the first production plug-in hybrid electric vehicles, filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy Court for the District of Delaware. Subsequent to the Chapter 11 filing, Fisker was purchased by a Chinese auto-parts manufacturer, Wanxiang Group. The purchase resulted in a dispute among creditors regarding the value of Fisker’s international intellectual property.
Our Role: 284 Partners was retained to provide valuation services and expert testimony in connection with this engagement.