Lordstown Motors Corp. urged a judge to reject Foxconn Technology Group’s effort to toss the electric-vehicle maker’s bankruptcy, saying the Taiwanese manufacturer is trying to skirt responsibility for its role in Lordstown’s downfall.
Lordstown needs Chapter 11 protection to shield itself from shareholder lawsuits and pursue a sale, it said in a Monday court filing. The company said it was forced into bankruptcy after Foxconn failed to deliver on a partnership agreement.
“The Motion is an attempt by Foxconn to avoid the consequences of its actions that contributed directly to the Company’s demise and to undermine the Debtors’ efforts to ...
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