District Court Upholds Bankruptcy Ruling, Allowing Nu Ride Inc.'s Claims Against Foxconn to Proceed

Reuters09-16

District Court Upholds Bankruptcy Ruling, Allowing <a href="https://laohu8.com/S/NRDE">Nu Ride</a> Inc.'s Claims Against Foxconn to Proceed

Nu Ride Inc., formerly known as Lordstown Motors Corp., announced that the United States District Court for the District of Delaware has upheld a previous Bankruptcy Court decision regarding their ongoing litigation against Foxconn. The court's decision allows nine of Nu Ride's claims, including those for fraud, breach of the investment agreement, and tortious interference, to proceed. The company alleges that Foxconn's actions have significantly harmed its operations and prospects. While Nu Ride intends to continue pursuing the litigation vigorously, it acknowledges uncertainties regarding the availability of resources to sustain the legal battle and the potential outcomes or recoveries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nu Ride Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE74030) on September 15, 2025, and is solely responsible for the information contained therein.

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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4099":"汽车制造商","NRDE":"NU RIDE INC"},"translate_title":"地方法院维持破产裁决，允许Nu Ride Inc.对富士康的索赔继续进行","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NRDE":0.9},"content_text":"District Court Upholds Bankruptcy Ruling, Allowing Nu Ride Inc.'s Claims Against Foxconn to Proceed\n    \n\nNu Ride Inc., formerly known as Lordstown Motors Corp., announced that the United States District Court for the District of Delaware has upheld a previous Bankruptcy Court decision regarding their ongoing litigation against Foxconn. The court's decision allows nine of Nu Ride's claims, including those for fraud, breach of the investment agreement, and tortious interference, to proceed. The company alleges that Foxconn's actions have significantly harmed its operations and prospects. 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