Navigating Corporate Insolvency: Lessons from Northvolt's Bankruptcy
Dec. 09, 2024
Northvolt, the ambitious Swedish battery producer, recently filed for Chapter 11 bankruptcy in Texas, highlighting significant challenges for Europe's corporate insolvency systems. Swedish House of Finance director Bo Becker discusses the case and its broader implications for corporate finance and policy.
Watch an interview with Bo Becker (Stockholm School of Economics) where he discusses:
- Northvolt’s debt accumulation
- Devt vs. equity financing for startups
- Why Chapter 11 and the shortcomings of European Insolvency Systems
- The need for a unified European approach to insolvency