NORTHVOLT AB Bankruptcy Filing
Case Number: 24-90577
NORTHVOLT AB filed a 11 chapter bankruptcy in the Southern District of Texas bankruptcy court on November 21, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-90577.
NORTHVOLT AB Filing Information
The bankruptcy petition for NORTHVOLT AB showed assets in the range of more than $1B with liabilities in the range of more than $1B. NORTHVOLT AB reports that the number of creditors is in the range of 1,000-5,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
NORTHVOLT AB indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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NORTHVOLT AB Docket Header
PlnDue, DsclsDue, COMPLX, LEAD, COMPLX, DEFmaillist |
Southern District of Texas (Houston)
Bankruptcy Petition #: 24-90577
Assigned to: Bankruptcy Judge Alfredo R Perez Chapter 11 Voluntary Asset |
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Debtor Northvolt AB Alstromergatan 20 Stockholm 11247 OUTSIDE U. S. Sweden aka SGF Energy AB aka Swedish Gigafactory AB aka Goldcup 11240 AB |
rep. by |
Charles A Beckham, Jr
Haynes and Boone, LLP 1221 McKinney Street, Suite 4000 Houston, TX 77010-2007 713-547-2000 Email: charles.beckham @ haynesboone.com Marty L Brimmage Akin Gump Strauss Hauer & Feld LLP 2300 N. Field Street Suite 1800 Dallas, TX 75201 214-969-2885 Fax : 214-969-4343 Email: mbrimmage @ akingump.com Kelli S. Norfleet Haynes and Boone, LLP 1221 McKinney Street Suite 4000 Houston, TX 77010 713-547-2630 Fax : 713-236-5621 Email: kelli.norfleet @ haynesboone.com David A Trausch Haynes and Boone, LLP 1221 McKinney Street Ste 4000 Houston, TX 77010 713-547-2248 Fax : 713-236-5674 Email: david.trausch @ haynesboone.com |
U.S. Trustee US Trustee Office of the US Trustee 515 Rusk Ave Ste 3516 Houston, TX 77002 |
rep. by |
Alicia Lenae Barcomb
Office of the U.S. Trustee 515 Rusk Ave. Suite 3516 Houston, TX 77002 713-718-4661 Email: alicia.barcomb @ usdoj.gov Ha Minh Nguyen Office of the United States Trustee 515 Rusk St Ste 3516 Houston, TX 77002 202-590-7962 Email: ha.nguyen @ usdoj.gov |
Creditor Committee The Official Committee of Unsecured Creditors of Northvolt AB, et al. c/o Akin Gump Strauss Hauer & Feld LLP One Bryant Park New York, NY 10036 |
rep. by | Marty L Brimmage
(See above for address) |