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Judge OKs Insurance Funds for Ex-Lordstown Motors Execs’ Defense

Summary by Business Journal Daily

YOUNGSTOWN, Ohio – Four ex-officers and directors of defunct Lordstown Motors Corp. will be allowed to obtain advances of a company insurance policy to pay their legal bills, a bankruptcy judge ruled Tuesday. Judge Mary F. Walrath approved a motion filed last month by Steve Burns, former Lordstown CEO and chairman; Darren Post, former engineering […] The post Judge OKs Insurance Funds for Ex-Lordstown Motors Execs’ Defense appeared first on Busi…

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