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Ecotality, Inc. Message Board

  • dottgaby dottgaby Sep 24, 2013 12:50 PM Flag


    FROM THE SITE LAW 360 Ecotality Inc., a U.S.-backed maker of electric-car charging stations, on Thursday received approval from an Arizona bankruptcy judge to sell off its assets at an auction next month and to obtain $1.25 million in debtor-in-possession financing. U.S. Bankruptcy Judge Randolph J. Haines set an auction date for Oct. 8, and gave the green car services company leave to enter into deals with one or more stalking horse bidders by Sept. 30.San Francisco-based Ecotality plans to unload all of its assets at the sale, including equipment, machinery, inventory, supplies, real estate, software and intellectual property. Nissan North America Inc. has agreed to be Ecotality’s DIP lender.

0.1240.0000(0.00%)Sep 26 4:00 PMEDT

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