A federal court judge in Michigan has placed the once-promising electric truck brand Bollinger Motors’ assets into receivership following claims that the company’s owners still owe its founder, Robert Bollinger, more than $10 million.
UPDATE: Bollinger CEO, Bryan Chambers, says all is not lost.
Last week, we wrote about a multimillion dollar lawsuit that had thrown the Bollinger Brand into receivership, figuring that would be it for the startup electric truck brand. But our friends at Clean Trucking were able to connect with Bollinger CEO, Bryan Chambers, who says all is not lost.
“Receivership does not necessarily mean a company is headed toward liquidation,” explained Chambers. “In fact, receivership…