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Northvolt bankruptcy trustee seeks 79 million kronor fee

Economy & businessEconomy
Key Points
  • The bankruptcy trustee for Northvolt AB is seeking 79 million kronor in fees.
  • The trustee described the bankruptcy as extremely complex with significant assets and risks.
  • The bankruptcy will take a long time to conclude.

The bankruptcy trustee for Northvolt AB has applied for an advance fee of 79 million kronor for part of the work on the bankruptcy so far. The trustee wrote that handling this extremely complex bankruptcy, with assets of significant value and the risks involved, has placed exceptional demands. Ackordscentralen, where the trustee works, has had to engage most of its employees in the bankruptcy work.

It is also clear that it will take a long time before the bankruptcy can be concluded.

handling this extremely complex bankruptcy, with assets of significant value and the risks involved, has placed exceptional demands

, bankruptcy trustee

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How we verified this article

LowBased on 2 sources
2 sources2 Involved