The Wall Street Journal is reporting that Delaware may end up with a piece of the new Fisker.
A Journal blog reported that U.S. Bankruptcy Court in Wilmington is slated to rule on a deal that would give trade vendors and other unsecured creditors a 20 percent stake in a reorganized company.
Chinese parts maker Waxiang purchased Fisker out of bankruptcy proceedings and currently owns the former GM Boxwood assembly plant that was slated build a mid-sized Fisker vehicle.
Waxiang is studying the plant and other sites for future production. The Journal reported unsecured creditors will also get about $20 million, a figure that approximates that financial package that the state offered to the former owner of Fisker, but is only a fraction of the amount owed.
Getting $100 million m is Richard Li, who bought the U.S. Department of Energy loan for Fisker. He went on to lose the battle to Wanxiang, but will be compensated for the loan.
