À¶Ý®ÊÓÆµ

SEC Says Nikola's Ch. 11 Plan Mischaracterizes $80M Penalty

By Vince Sullivan ( August 26, 2025, 6:00 PM EDT) -- The U.S. Securities and Exchange Commission objected to the Chapter 11 plan of electric-truck maker Nikola Corp. on Tuesday, saying the plan improperly treats the agency's $80 million civil penalty claim as if it were a damages claim behind other unsecured creditors in the priority scheme....

À¶Ý®ÊÓÆµ is on it, so you are, too.

A À¶Ý®ÊÓÆµ subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A À¶Ý®ÊÓÆµ subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience À¶Ý®ÊÓÆµ today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login