💨 Abstract

Nikola's bankruptcy court hearing for the sale of its assets to Lucid Motors proceeded smoothly until a lawyer representing Trevor Milton's entity, ISSO LLC, raised concerns about the auction process. Milton has been barred from touring Nikola's Arizona factory, and his late intervention was seen as a sign that he may try to contest a $168 million arbitration award.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖