Lordstown Motors stalls on the road to a quick bankruptcy sale

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Bankrupt Lordstown Motors must face trial over a rival carmaker's claim that Lordstown vehicles include stolen technology, a U.S. judge ruled Thursday, dealing a blow to the company's hopes for a quick bankruptcy sale.

A Lordstown Motors Endurance electric pick-up truck is seen on display at Foxconn's electric vehicle production facility in Lordstown, Ohio, U.S. November 30, 2022. REUTERS/Quinn Glabicki/File Photomust face trial over a rival carmaker's claim that Lordstown vehicles include stolen technology, a U.S. judge ruled Thursday, dealing a blow to the company's hopes for a quick bankruptcy sale.in June and had asked U.S.

California-based Karma Automotive sued Lordstown in 2020 for allegedly poaching its employees and stealing technology used in vehicle infotainment systems. That case had been scheduled for trial in September before being placed on hold by Lordstown's bankruptcy. The September deadline "appears to be designed solely to get this done before a Karma decision can be made in the California litigation," Walrath said.

 

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