The bankruptcy “lit a fire,” De Bardi says. “We had to get organized if we had any chance of representing owners’ interests.” Within days, he and a handful of other Fisker vehicle owners had established a nonprofit organization called the Fisker Owners Association, dedicated to keeping their cars running. By the end of the month, 1,200 owners—representing nearly a fifth of total Fisker cars sold—had registered through the group’s website, De Bardi says.
Lawyers for the firm’s creditors argued that Fisker should have filed for bankruptcy late last year. And Fisker plans to sell its remaining inventory, some 4,000 vehicles, to a firm that leases electric vehicles to New York City Uber and Lyft drivers, lawyers told the court. If the company is forced to liquidate this way, owners may not be top of mind for the court and Fisker’s creditors, says John A.E. Pottow, a professor of law who studies bankruptcy at the University of Michigan Law School.