The official committee of unsecured creditors in the bankruptcy case sent the subpoena to Milton's lawyers on April 1, according to a recent filing. Milton owed Nikola nearly $100 million before it filed for bankruptcy in February, which followed an arbitration case with the company in 2023 related to his criminal conviction that he lost. Before it went bankrupt, Nikola sued Milton in federal court in Arizona, and accused him of 'fraudulently transferring away tens of millions of dollars of his assets in order to hinder, delay, and defraud [Nikola] in [its] attempts to collect upon the Arbitration Award,' according to the committee. Milton has spent the last two months fighting the subpoena, according to the filing. The company's lawyers have told the judge they believe the material sought by the creditors is subject to a protective order in the Arizona case. Most of Nikola's assets have already been sold off in the bankruptcy process. Lucid Motors purchased the leases on Nikola's...
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