U.S. Bankruptcy Judge Thomas Horan signed off on Fisker's bankruptcy plan at a court hearing in Wilmington, Delaware, clearing the company to repay creditors with assets remaining after it sold off its vehicle fleet.

Fisker Inc. will wind down operations under a bankruptcy plan approved Friday that should allow owners to drive their cars for years. But it will not pay anything to shareholders wiped out investing in the defunct Southern California electric-vehicle maker.

A federal bankruptcy judge has signed off on EV maker Fisker’s (OTC:FSRNQ) liquidation plan following last-minute talks to preserve the company’s $46M sale of its remaining 3K Ocean SUVs, according to media reports.

Alexander Nikolas Gierczyk of California says the hedge fund he sold his FTX bankruptcy claim to isn't paying out what it promised.