District Court Affirms Bankruptcy Decision Allowing Nu Ride Inc.'s Adversary Claims Against Foxconn to Proceed
Nu Ride Inc. (OTCMKTS: NRDE), formerly Lordstown Motors Corp., received affirmation from the U.S. District Court of Delaware regarding a previous Bankruptcy Court decision in its ongoing litigation against Foxconn. The court ruling, issued on September 12, 2025, allows nine of the company's claims to proceed, including allegations of fraud, breach of investment agreement, and tortious interference.
The litigation, which began on June 27, 2023, stems from alleged fraudulent and tortious conduct by Foxconn. While two claims were dismissed in favor of arbitration, the majority of Nu Ride's claims survived Foxconn's motion to dismiss. The company maintains that Foxconn's actions have significantly damaged its operations and prospects, though it cautions that there are no guarantees regarding sufficient resources to pursue the litigation or potential recoveries.
Nu Ride Inc. (OTCMKTS: NRDE), precedentemente Lordstown Motors Corp., ha ottenuto conferma dalla U.S. District Court del Delaware riguardo a una decisione precedente del Bankruptcy Court nel contesto della sua controversia in corso contro Foxconn. La sentenza, emanata il 12 settembre 2025, permette a nove delle pretese della società di proseguire, tra cui accuse di frode, violazione dell accordo di investimento e interferenze illecite.
Il contenzioso, avviato il 27 giugno 2023, deriva da presunte condotte fraudolente e tortuose da parte di Foxconn. Sebbene due pretese siano state respinte a favore dell arbitrato, la maggior parte delle pretese di Nu Ride è sopravvissuta all istanza di rigetto di Foxconn. L azienda sostiene che le azioni di Foxconn abbiano danneggiato significativamente le sue operazioni e prospettive, anche se avverte che non vi sono garanzie riguardo risorse sufficienti per proseguire la causa o eventuali recuperi.
Nu Ride Inc. (OTCMKTS: NRDE), anteriormente Lordstown Motors Corp., recibió la confirmación del Tribunal de Distrito de EE. UU. en Delaware respecto a una decisión previa del Tribunal de Quiebras en su litigio en curso contra Foxconn. La sentencia, emitida el 12 de septiembre de 2025, permite que nueve de las reclamaciones de la empresa sigan adelante, incluidas las acusaciones de fraude, incumplimiento del acuerdo de inversión e interferencia ilícita.
El litigio, que comenzó el 27 de junio de 2023, deriva de conductas fraudulentas y tortuosas que se atribuyen a Foxconn. Aunque dos reclamaciones fueron desestimadas a favor del arbitraje, la mayoría de las reclamaciones de Nu Ride sobrevivieron a la moción de desestimación de Foxconn. La empresa sostiene que las acciones de Foxconn han dañado significativamente sus operaciones y perspectivas, aunque advierte que no hay garantías de contar con recursos suficientes para continuar el litigio o posibles recuperaciones.
Nu Ride Inc. (OTCMKTS: NRDE), 이전 이름은 Lordstown Motors Corp.로, Foxconn에 대한 진행 중인 소송에서 파산 법원의 이전 결정에 대해 델라웨어주 연방지방법원으로부터 확인을 받았다. 2025년 9월 12일에 발표된 이 판결은 회사의 청구 중 9건이 계속 진행될 수 있도록 허용하며, 사기, 투자계약 위반, 불법 간섭 등의 주장을 포함한다.
2023년 6월 27일에 시작된 이 소송은 Foxconn의 피소된 사기 및 불법 행위에 기인한다. 중재에 유리하게 두 건의 청구가 기각되었지만, Nu Ride의 대다수 청구는 Foxconn의 기각 반대 청구를 이겨 남아 있다. 회사는 Foxconn의 행위가 자사의 운영과 전망에 상당한 손실을 초래했다고 주장하지만, 소송을 계속할 충분한 자원이나 잠재적 보상을 받을 보장이 없을 수 있음을 경고한다.
Nu Ride Inc. (OTCMKTS: NRDE), anciennement Lordstown Motors Corp., a reçu l affirmation du U.S. District Court du Delaware concernant une décision préalable du Bankruptcy Court dans le cadre de son litige en cours contre Foxconn. La décision, rendue le 12 septembre 2025, permet à neuf des réclamations de l entreprise de se poursuivre, y compris des allégations de fraude, de manquement à l accord d investissement et d ingérence tortueuse.
Le litige, commencé le 27 juin 2023, découle de comportements présumés frauduleux et tortueux de la part de Foxconn. Bien que deux réclamations aient été rejetées en faveur de l arbitrage, la majorité des réclamations de Nu Ride a survécu à la requête en rejet de Foxconn. L entreprise affirme que les actions de Foxconn ont gravement endommagé ses opérations et ses perspectives, tout en avertissant qu il n existe aucune garantie quant à disposer de ressources suffisantes pour poursuivre le litige ou obtenir d éventuelles indemnisations.
Nu Ride Inc. (OTCMKTS: NRDE), früher Lordstown Motors Corp., erhielt eine Bestätigung des US-Bezirksgerichts Delaware zu einer früheren Entscheidung des Bankruptcy Court in dem andauernden Rechtsstreit gegen Foxconn. Das Urteil, das am 12. September 2025 erlassen wurde, gestattet neun der Forderungen des Unternehmens, weitergeführt zu werden, einschließlich Vorwürfen von Betrug, Verstoß gegen die Investitionsvereinbarung und deliktischer Eingriffe.
Der Rechtsstreit, der am 27. Juni 2023 begann, geht auf angeblich betrügerische und deliktische Handlungen von Foxconn zurück. Zwar wurden zwei Ansprüche zugunsten der Arbitration abgewiesen, die Mehrzahl der Ansprüche von Nu Ride blieb jedoch dem Antrag von Foxconn auf Abweisung stand. Das Unternehmen betont, dass Foxconns Handlungen seine Betriebsabläufe und Aussichten erheblich geschädigt haben, warnt jedoch, dass es keine Garantie für ausreichende Ressourcen gibt, den Rechtsstreit fortzusetzen oder potenzielle Rückzahlungen zu erhalten.
Nu Ride Inc. (OTCMKTS: NRDE)، سابقًا Lordstown Motors Corp.، تلقّت تأكيدًا من المحكمة الفيدرالية الأمريكية بالمقاطعة في ديلاوير فيما يخص قرارًا سابقًا من محكمة الإفلاس ضمن دعواها الجارية ضد Foxconn. الحكم الصادر في 12 سبتمبر 2025 يسمح بتقدم تسع من ادعاءات الشركة للمتابعة، بما في ذلك مزاعم الاحتيال، خرق اتفاق الاستثمار، والتدخل الضار.
هذه الدعوى التي بدأت في 27 يونيو 2023 تنطلق من سلوك متهم به Foxconn بأنه احتيالي وتعدي. في حين أن اثنتين من الدعوات رُفِضت لصالح التحكيم، بقيت غالبية ادعاءات Nu Ride صالحة أمام رفض Foxconn. تؤكد الشركة أن أفعال Foxconn أضرت بشكل كبير بعملياتها وآفاقها، لكنها تحذر من عدم وجود ضمانات بأن الموارد الكافية لاستمرار الدعوى أو الحصول على تعويض محتمل ستكون متاحة.
Nu Ride Inc. (OTCMKTS: NRDE)，前身为 Lordstown Motors Corp.，就其与 Foxconn 的正在进行的诉讼，获得了 Delaware 州美国地方法院对破产法院先前裁决的确认。该裁决于 2025 年 9 月 12 日作出，允许公司九项主张继续进行，其中包括欺诈、违反投资协议以及侵权干扰等指控。
该诉讼始于 2023 年 6 月 27 日，源于 Foxconn 所被指称的欺诈与侵权行为。尽管有两项主张因有利于仲裁而被驳回，大多数 Nu Ride 的主张仍然存续，未被 Foxconn 的驳回动议所阻断。公司坚持认为 Foxconn 的行为已对其经营与前景造成重大损害，尽管也提醒，继续诉讼所需的资源充足性或潜在赔偿的取得并无保证。
- Nine key claims against Foxconn survived the motion to dismiss
- Court affirmed company's right to pursue fraud and breach of contract claims
- Legal pathway cleared to seek damages for alleged harmful actions by Foxconn
- Company warns it may not have sufficient resources to pursue litigation
- Two claims were dismissed in favor of arbitration
- No assurance of successful outcome or financial recovery
Andrew L. Sole, Chairman of the Board, remarked, "We are pleased that the District Court affirmed the Bankruptcy Court decision."
As previously disclosed, on June 27, 2023, the Company commenced an adversary proceeding against Foxconn (the "Foxconn Litigation") in
The Company continues to believe that Foxconn's actions have caused substantial harm to the Company's operations and prospects and caused significant damages and intends to vigorously continue pursuing this litigation. However, no assurances can be provided as to the Company having sufficient resources to pursue the Foxconn Litigation, the outcome or recoveries, if any.
Additional information about the Company is available on the company's website (www.nurideinc.com) and in the Company's filings with the
Please send inquiries to inquiries@nurideinc.com.
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SOURCE Nu Ride Inc.
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