Wake Up Call: Davis Polk Advises Fisker on Possible Bankruptcy

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

• Davis Polk & Wardwell and financial adviser FTI Consulting have been tapped to assist electric vehicle startup Fisker as it prepares for a possible bankruptcy filing. Fisker, one of many EV companies that have been hit hard by “stagnant EV demand,” reported last month that it was more than $1 billion in debt. (Wall Street Journal)
• Former Paul, Weiss and Debevoise & Plimpton M&A attorney Michelle Riley is the new board of directors chair for Lambda Legal, ...