Trustee of Bankrupt Northvolt Unit Says Board Liability Unlikely
NeutralTechnology

The trustee for a bankrupt unit of Swedish battery maker Northvolt AB has indicated that it is unlikely board directors will be held personally liable for the company's financial troubles. This comes amidst unpaid supplier claims totaling approximately 6.8 billion kronor, or about $720 million. The situation highlights the complexities of corporate governance and financial responsibility, especially in the rapidly evolving battery industry.
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