Nikola founder Trevor Milton is fighting a subpoena from his bankrupt company’s creditors

Recently, Nicola founder Trevor Milton is fighting a sub-pawn from the creditors of its bankruptcy electric tracking company.

The official committee of unsafe credit cases in the bankruptcy case sent the subpoena to Milton’s lawyers on April 7, According to the recent filingThe Milton Nicola had a dollar of about $ 1 million before filed for bankruptcy in February, which followed an arbitration case related to his criminal conviction with the company in 2021.

The committee says Milton has not yet paid, and is trying to use the subpoyena to determine the current status of its financial issues.

Nicola fed Milton in the Federal Court of Arizona before going bankrupt and complained against him that “fraudulently transferred his millions of dollars to his resources, delayed and deceived his several million dollars of assets to cheat [Nikola] In [its] Attempts to collect arbitration awards, ”according to the committee.

Milton spent the past two months Fight Subpoyna according to filing. The organization has lawyers Told the judge They believe that the components sought by the creditors are subject to a protective order in the Arizona case.

The battle against the subpoena will probably come to the head during a scheduled hearing on June 5th.

Lawyers representing the Credit Dictator Committee and Milton did not immediately respond to the comments for the comments.

Most of Nicola’s resources have already been sold in the bankruptcy process. Lucid bought the motor Nicola’s Arizona Factory and lease at headquartersAnd have employed about 300 employees. An auction agency bought Nicola HillThe

It has given up arbitration award as one of the largest and most important, remaining resources in Nicola’s estate.

Nicola was hit by a class action shareholder case regarding confusing claims during the process of becoming a public organization before file for bankia. When Nicola resolved the case with the Security and Exchange Commission about the claim, the shareholder case was still going on when the company went bankrupt.

From the beginning of bankruptcy, the plan was to use Milton’s arbitration award to settle the shareholder case. However, Milton has not yet given a percentage, “the Credita Committee said at the time of filing. On the way, Milton, who applied for his four -year imprisonment, was granted A wonderful apology by President TrumpThe Just a few weeks later, Nicola’s lawyers accused Milton Trying to lick the bankruptcy caseThe

Meanwhile, Milton has Commission A documentary prepared for the premiere on June 10, which he promised to tell the true story about how the so -called ‘judicial system’ almost destroyed an innocent man. ”