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    What We’re Reading This Week [October 21, 2022]
    2022-10-21

    On October 19th, the Wall Street Journal reported that the electric vehicle startup Mullen Automotive Inc., gained court approval to buy an Indiana manufacturing plant and assets from Electric Last Mile Solutions for $92 million. Such deal, which boosted Mullen’s share prices by 64%, includes Electric Last Mile Solutions’ manufacturing plant in Mishawaka, Indiana and its inventory and intellectual property.

    Filed under:
    USA, Insolvency & Restructuring, Mayer Brown, Electric vehicle, Coronavirus, US Securities and Exchange Commission
    Authors:
    Aaron Gavant , Sean T. Scott
    Location:
    USA
    Firm:
    Mayer Brown
    What We’re Reading This Week [October 21, 2022]
    2022-10-21

    On October 19th, the Wall Street Journal reported that the electric vehicle startup Mullen Automotive Inc., gained court approval to buy an Indiana manufacturing plant and assets from Electric Last Mile Solutions for $92 million. Such deal, which boosted Mullen’s share prices by 64%, includes Electric Last Mile Solutions’ manufacturing plant in Mishawaka, Indiana and its inventory and intellectual property.

    Filed under:
    USA, Insolvency & Restructuring, Mayer Brown, Electric vehicle, Coronavirus, US Securities and Exchange Commission
    Authors:
    Aaron Gavant , Sean T. Scott
    Location:
    USA
    Firm:
    Mayer Brown
    What We’re Reading This Week [October 21, 2022]
    2022-10-21

    On October 19th, the Wall Street Journal reported that the electric vehicle startup Mullen Automotive Inc., gained court approval to buy an Indiana manufacturing plant and assets from Electric Last Mile Solutions for $92 million. Such deal, which boosted Mullen’s share prices by 64%, includes Electric Last Mile Solutions’ manufacturing plant in Mishawaka, Indiana and its inventory and intellectual property.

    Filed under:
    USA, Insolvency & Restructuring, Mayer Brown, Electric vehicle, Coronavirus, US Securities and Exchange Commission
    Authors:
    Aaron Gavant , Sean T. Scott
    Location:
    USA
    Firm:
    Mayer Brown
    What We’re Reading This Week [October 21, 2022]
    2022-10-21

    On October 19th, the Wall Street Journal reported that the electric vehicle startup Mullen Automotive Inc., gained court approval to buy an Indiana manufacturing plant and assets from Electric Last Mile Solutions for $92 million. Such deal, which boosted Mullen’s share prices by 64%, includes Electric Last Mile Solutions’ manufacturing plant in Mishawaka, Indiana and its inventory and intellectual property.

    Filed under:
    USA, Insolvency & Restructuring, Mayer Brown, Electric vehicle, Coronavirus, US Securities and Exchange Commission
    Authors:
    Aaron Gavant , Sean T. Scott
    Location:
    USA
    Firm:
    Mayer Brown
    What We’re Reading This Week [October 21, 2022]
    2022-10-21

    On October 19th, the Wall Street Journal reported that the electric vehicle startup Mullen Automotive Inc., gained court approval to buy an Indiana manufacturing plant and assets from Electric Last Mile Solutions for $92 million. Such deal, which boosted Mullen’s share prices by 64%, includes Electric Last Mile Solutions’ manufacturing plant in Mishawaka, Indiana and its inventory and intellectual property.

    Filed under:
    USA, Insolvency & Restructuring, Mayer Brown, Electric vehicle, Coronavirus, US Securities and Exchange Commission
    Authors:
    Aaron Gavant , Sean T. Scott
    Location:
    USA
    Firm:
    Mayer Brown
    Restructuring plans and their Impact on Third Party Guarantees
    2022-10-25

    Oceanfill Ltd v Nuffield Health Wellbeing Ltd and Cannons Group Ltd. [2022] EWHC 2178 (Ch)

    A recent decision of the High Court has given helpful clarity on the effects of the UK's restructuring plan procedure on lease agreements and the implications for lease guarantors.

    The Virgin Active plan

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Mayer Brown, Insolvency
    Authors:
    Devi Shah , Ben Ward
    Location:
    United Kingdom
    Firm:
    Mayer Brown
    What We’re Reading This Week [October 21, 2022]
    2022-10-21

    On October 19th, the Wall Street Journal reported that the electric vehicle startup Mullen Automotive Inc., gained court approval to buy an Indiana manufacturing plant and assets from Electric Last Mile Solutions for $92 million. Such deal, which boosted Mullen’s share prices by 64%, includes Electric Last Mile Solutions’ manufacturing plant in Mishawaka, Indiana and its inventory and intellectual property.

    Filed under:
    USA, Insolvency & Restructuring, Mayer Brown, Electric vehicle, Coronavirus, US Securities and Exchange Commission
    Authors:
    Aaron Gavant , Sean T. Scott
    Location:
    USA
    Firm:
    Mayer Brown
    What We’re Reading This Week [October 21, 2022]
    2022-10-21

    On October 19th, the Wall Street Journal reported that the electric vehicle startup Mullen Automotive Inc., gained court approval to buy an Indiana manufacturing plant and assets from Electric Last Mile Solutions for $92 million. Such deal, which boosted Mullen’s share prices by 64%, includes Electric Last Mile Solutions’ manufacturing plant in Mishawaka, Indiana and its inventory and intellectual property.

    Filed under:
    USA, Insolvency & Restructuring, Mayer Brown, Electric vehicle, Coronavirus, US Securities and Exchange Commission
    Authors:
    Aaron Gavant , Sean T. Scott
    Location:
    USA
    Firm:
    Mayer Brown
    What We’re Reading This Week [October 21, 2022]
    2022-10-21

    On October 19th, the Wall Street Journal reported that the electric vehicle startup Mullen Automotive Inc., gained court approval to buy an Indiana manufacturing plant and assets from Electric Last Mile Solutions for $92 million. Such deal, which boosted Mullen’s share prices by 64%, includes Electric Last Mile Solutions’ manufacturing plant in Mishawaka, Indiana and its inventory and intellectual property.

    Filed under:
    USA, Insolvency & Restructuring, Mayer Brown, Electric vehicle, Coronavirus, US Securities and Exchange Commission
    Authors:
    Aaron Gavant , Sean T. Scott
    Location:
    USA
    Firm:
    Mayer Brown
    Credito Real Body-Checks Mexican and US Insolvency Laws - Will US Court Strike Back?
    2022-10-17
    "Credito Real is attempting to bypass Mexican and US insolvency laws and deploy a corporate liquidation statute with almost no protections for creditors.
    Filed under:
    USA, Company & Commercial, Insolvency & Restructuring, Litigation, Mayer Brown, Corporate governance, Bankruptcy, United States bankruptcy court
    Authors:
    Sean T. Scott
    Location:
    USA
    Firm:
    Mayer Brown

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