IN THE UNITED STATES BANKRUPTCY COURT FOR THE

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IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
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In re:
FAH LIQUIDATING CORP., et al.,1
(f/k/a FISKER AUTOMOTIVE
HOLDINGS, INC.)
Debtors.
Chapter 11
Case No. 13-13087 (KG)
(Jointly Administered)
Hearing Date:
June 9, 2014, at 3:00 p.m. (ET)
Objection Deadline:
May 2, 2014, at 4:00 p.m. (ET)
MOTION OF THE DEBTORS FOR ENTRY OF AN ORDER AUTHORIZING THE
DEBTORS TO AUTHORIZE THE DISSOLUTION OF FISKER AUTOMOTIVE GMBH
The
above-captioned
debtors
(collectively,
the
“Debtors”)
file
this
motion
(this “Motion”) for entry of an order (an “Order”), substantially in the form attached hereto as
Exhibit A, authorizing, but not directing, the Debtors to take steps necessary or advisable to
change the corporate name and to authorize the dissolution of Fisker Automotive GmbH
(“Fisker GmbH”) under applicable law, including by approving the resolution substantially in the
form attached to the Order as Exhibit 1, and authorizing the Debtors to execute a power of
attorney substantially in the form attached to the Order as Exhibit 2. In support of this Motion,
the Debtors respectfully state as follows:
Jurisdiction
1.
The United States Bankruptcy Court for the District of Delaware (the “Court”)
has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334 and the Amended
1
The Debtors, together with the last four digits of each Debtor’s federal tax identification number, are:
FAH Liquidating Corp. (f/k/a Fisker Automotive Holdings, Inc.) (9678); and FA Liquidating Corp.
(f/k/a Fisker Automotive, Inc.) (9075). For the purpose of these chapter 11 cases, the service address for the
Debtors is: 3080 Airway Avenue, Costa Mesa, California 92626.
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Standing Order of Reference from the United States District Court for the District of Delaware,
dated February 29, 2012.
This matter is a core proceeding within the meaning of
28 U.S.C. § 157(b)(2), and the Court may enter a final order consistent with Article III of the
United States Constitution.
2.
Venue is proper pursuant to 28 U.S.C. §§ 1408 and 1409.
3.
The statutory basis for the relief requested herein is section 363 of title 11 of the
United States Code, 11 U.S.C. §§ 101–1532 (the “Bankruptcy Code”).
Relief Requested
4.
By this Motion, the Debtors seek entry of: (a) the Order, and (b) such other relief
as is just and proper.
Background
5.
On November 22, 2013 (the “Petition Date”), each of the Debtors filed a
voluntary petition for relief under chapter 11 of the Bankruptcy Code. The Debtors are operating
their businesses and managing their properties as debtors in possession pursuant to
sections 1107(a) and 1108 of the Bankruptcy Code. On November 26, 2013, the Court entered
an order [Docket No. 52] authorizing the joint administration and procedural consolidation of
these chapter 11 cases pursuant to Bankruptcy Rule 1015(b). No request for the appointment of
a trustee or examiner has been made in these chapter 11 cases. On December 5, 2013, the United
States Trustee for the District of Delaware (the “U.S. Trustee”) appointed an official committee
of unsecured creditors pursuant to section 1102 of the Bankruptcy Code (the “Committee”)
[Docket No. 102].
Fisker Automotive GmbH
6.
Fisker GmbH, a non-Debtor in these cases, is a wholly owned subsidiary of
FA Liquidating Corp. (f/k/a Fisker Automotive, Inc.) (“Fisker Automotive”) organized under the
2
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laws of Germany. Fisker GmbH had only one office, which was located in Munich, Germany.
Fisker GmbH was originally formed to provide international sales and marketing services in
connection with the Debtors’ operations. Fisker GmbH employed approximately six individuals
in its Munich office. As set forth more fully in the Declaration of Marc Beilinson in Support of
First Day Motions [Docket No. 3], in the months leading up to the Debtors’ chapter 11 cases,
Fisker GmbH’s operations were wound down, and, as of the Petition Date, Fisker GmbH had no
active operations. Fisker GmbH currently holds only de minimis assets, consisting primarily of
approximately €75,000 in cash held in a bank account owned by Fisker GmbH.
7.
On February 19, 2014, the Court entered an order authorizing the sale of
substantially all the Debtors’ assets. See [Docket No. 653] (the “Sale Order”). The Acquired
Assets (as defined in the Sale Order) do not include the Debtors’ interests in Fisker GmbH. The
Debtors have an interest in ensuring that “Fisker” and similar trademarked names are not used by
third parties unaffiliated with the Acquired Assets, as the Buyers (as defined in the Sale Order)
acquired the rights to these trademarks pursuant to the Sale Order. In addition, the Debtors have
an interest in ensuring that neither Fisker GmbH nor any successors (including, notably, any
potential bankruptcy trustee) can assert claims, in future, against the Debtors’ estates. Although
the Debtors do not believe there are any material liabilities outstanding at Fisker GmbH, the
Debtors, out of an abundance of caution, seek authorization from the Court to: (a) undertake
steps necessary to change the name of Fisker GmbH to “FA Liquidation GmbH” and approve the
formal dissolution of Fisker GmbH in accordance with the resolution substantially in the form
annexed as Exhibit 1 to the proposed Order attached hereto as Exhibit A; and (b) authorize
counsel to the Debtors to facilitate the name change and dissolution in accordance with the
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power of attorney substantially in the form annexed as Exhibit 2 to the proposed Order attached
hereto as Exhibit A.
Basis for Relief
8.
Section 363(b) of the Bankruptcy Code provides, in relevant part, that a debtor,
“after notice and a hearing, may use, sell, or lease, other than in the ordinary course of business,
property of the estate.” 11 U.S.C. § 363(b)(1). Although section 363 of the Bankruptcy Code
does not set forth a standard for determining when use of property of the estate out of the
ordinary course of business should be authorized, courts in the Third Circuit generally authorize
the debtor to use its sound business judgment when making such decisions. See In re Martin, 91
F.3d 389, 395 (3d Cir. 1996); In re Montgomery Ward Holding Corp., 242 B.R. 147, 153 (D.
Del. 1999); In re Del. & Hudson Ry. Co., 124 B.R. 169, 176 (D. Del. 1991).
9.
If a valid business justification exists for the use of property of the estate, a
debtor’s decision to use property out of the ordinary course of business enjoys a strong
presumption that in making a business decision the directors acted on an informed basis, in good
faith, and in an honest belief that the action taken was in the best interests of the company. See
In re Integrated Res., Inc., 147 B.R. 650, 656 (Bankr. S.D.N.Y. 1992) (quoting Smith v. Van
Gorkom, 488 A.2d 858, 872 (Del. 1985)); In re Bridgeport Holdings, Inc., 388 B.R. 548, 567
(Bankr. D. Del. 2008).
10.
The Debtors respectfully submit that authorizing a change in the corporate name
and dissolution of Fisker GmbH is a sound exercise of their business judgment. Changing
Fisker GmbH’s corporate name ensures the name “Fisker” will not be used outside the Acquired
Assets, ensuring the Buyers retain the benefit of the bargain under the Agreement (as defined in
the Sale Order). Further, dissolving the non-operating Fisker GmbH is necessary to eliminate the
Debtors’ risk of liability under German insolvency law. Specifically, if unanticipated future
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liabilities arose that Fisker GmbH could not satisfy or that would render Fisker GmbH insolvent,
Fisker GmbH’s managing director—or if none then exists, then Fisker Automotive, as sole
shareholder—would have an immediate obligation to seek commencement of bankruptcy
proceedings over the Fisker GmbH estate in Germany. This would result in appointment of a
German trustee with broad powers, including the power to pursue avoidance and veil-piercing
actions against the Debtors. Moreover, the dissolution of Fisker GmbH will eliminate potential
future administrative burdens and expenses associated with maintaining corporate status under
German law, including obligations to publish annual reports, file tax returns, and pay yearly fees
to the German Chamber of Industry and Commerce. Accordingly, the Debtors, in their sound
business judgment, believe that changing Fisker GmbH’s corporate name and dissolving
Fisker GmbH are in the best interests of their estate, and respectfully request that the Court
authorize the Debtors to authorize the proposed change in the corporate name and the proposed
dissolution of Fisker GmbH pursuant to section 363(b) of the Bankruptcy Code.
11.
Finally, to avoid the need for Fisker Automotive’s corporate representative to
appear in person in Munich to dissolve Fisker GmbH, the Debtors respectfully request that the
Court authorize the Debtors to authorize their counsel to appear on their behalf to seek formal
dissolution of Fisker GmbH before a German notary. The Debtors believe this is in the best
interests of their estates as it avoids the costs and expense of associated travel and
accommodation, and respectfully request that the Court authorize the Debtors to execute a power
of attorney substantially in the form attached to the Order as Exhibit 2.
Notice
12.
Notice of this Motion shall be provided to: (a) the Office of the United States
Trustee for the District of Delaware; (b) the official committee of unsecured creditors pursuant to
section 1102 of the Bankruptcy Code; (c) counsel to PNC Bank, N.A., d/b/a Midland Loan
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Services, a division of PNC Bank, N.A., as successor by merger to Midland Loan Services, Inc.,
as collateral agent under that certain Amended and Restated Collateral Agency Agreement dated
as of July 30, 2010; (d) the Internal Revenue Service; (e) the United States Department of
Energy; (f) Silicon Valley Bank; (g) the Delaware Economic Development Authority;
(h) counsel to the United States Department of Energy; (i) counsel to Hybrid Technology, LLC;
(j) counsel to Hybrid Tech Holdings, LLC; (k) counsel to Wanxiang America Corporation; and
(l) any party that has requested notice pursuant to Bankruptcy Rule 2002.
No Prior Request
13.
No prior motion for the relief requested herein has been made to this or any other
court.
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WHEREFORE, for the reasons set forth herein, the Debtors respectfully request that the
Court enter the Order, substantially in the form attached hereto as Exhibit A, granting the relief
requested herein and such other and further relief as the Court deems appropriate.
Dated: April 16, 2014
Wilmington, Delaware
/s/ Peter J. Keane
Laura Davis Jones (DE Bar No. 2436)
James E. O’Neill (DE Bar No. 4042)
Peter J. Keane (DE Bar No. 5503)
PACHULSKI STANG ZIEHL & JONES LLP
919 North Market Street, 17th Floor
P.O. Box 8705
Wilmington, Delaware 19899-8705 (Courier 19801)
Telephone:
(302) 652-4100
Facsimile:
(302) 652-4400
Email:
[email protected]
[email protected]
[email protected]
- and James H.M. Sprayregen, P.C. (admitted pro hac vice)
Anup Sathy, P.C. (admitted pro hac vice)
Ryan Preston Dahl (admitted pro hac vice)
KIRKLAND & ELLIS LLP
300 North LaSalle Street
Chicago, Illinois 60654
Telephone:
(312) 862-2000
Facsimile:
(312) 862-2200
Email:
[email protected]
[email protected]
[email protected]
Attorneys for the
Debtors and Debtors in Possession
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IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
In re:
FAH LIQUIDATING CORP., et al.,1
(f/k/a FISKER AUTOMOTIVE
HOLDINGS, INC.)
Debtors.
)
)
)
)
)
)
)
)
)
)
)
)
)
Chapter 11
Case No. 13-13087 (KG)
(Jointly Administered)
Hearing Date:
June 9, 2014, at 3:00 p.m. (ET)
Objection Deadline:
May 2, 2014, at 4:00 p.m. (ET)
NOTICE OF MOTION OF THE DEBTORS FOR ENTRY OF AN ORDER
AUTHORIZING THE DEBTORS TO AUTHORIZE THE DISSOLUTION OF
FISKER AUTOMOTIVE GMBH
To:
(a) the Office of the United States Trustee for the District of Delaware; (b) the official committee
of unsecured creditors pursuant to section 1102 of the Bankruptcy Code; (c) counsel to PNC
Bank, N.A., d/b/a Midland Loan Services, a division of PNC Bank, N.A., as successor by merger
to Midland Loan Services, Inc., as collateral agent under that certain Amended and Restated
Collateral Agency Agreement dated as of July 30, 2010; (d) the Internal Revenue Service; (e) the
United States Department of Energy; (f) Silicon Valley Bank; (g) the Delaware Economic
Development Authority; (h) counsel to the United States Department of Energy; (i) counsel to
Hybrid Technology, LLC; (j) counsel to Hybrid Tech Holdings, LLC; (k) counsel to Wanxiang
America Corporation; and (l) any party that has requested notice pursuant to Bankruptcy Rule
2002.
PLEASE TAKE NOTICE that on April 16, 2014, the above-captioned debtors
(collectively, the “Debtors”), filed the Motion of the Debtors for Entry of an Order Authorizing
the Debtors to Authorize the Dissolution of Fisker Automotive GmbH (the “Motion”) with the
1
The Debtors, together with the last four digits of each Debtor’s federal tax identification number, are:
FAH Liquidating Corp. (f/k/a Fisker Automotive Holdings, Inc.) (9678); and FA Liquidating Corp.
(f/k/a Fisker Automotive, Inc.) (9075). For the purpose of these chapter 11 cases, the service address for the
Debtors is: 3080 Airway Avenue, Costa Mesa, California 92626.
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Clerk of the United States Bankruptcy Court for the District of Delaware. A copy of the Motion
is attached hereto.
PLEASE TAKE FURTHER NOTICE that any response or objection to the
relief sought in the Motion must be filed with the Bankruptcy Court on or before
May 2, 2014 at 4:00 p.m. (prevailing Eastern Time).
PLEASE TAKE FURTHER NOTICE that at the same time, you must also
serve a copy of the response or objection upon: (i) counsel to the Debtors: (a) Kirkland & Ellis
LLP, 300 North LaSalle, Chicago, IL 60654, Attn: James H.M. Sprayregen, P.C., Esquire, Anup
Sathy, P.C., Esquire, and Ryan Preston Dahl, Esquire, and (b) Pachulski Stang Ziehl & Jones,
LLP, 919 North Market Street, 17th Floor, Wilmington, Delaware 19801, Attn: Laura Davis
Jones,
Esquire;
(ii)
counsel
to
the
Official
Committee
of
Unsecured
Creditors:
(a) Brown Rudnick LLP, Seven Times Square, New York, NY 10036, Attn: William R. Baldiga,
Esquire, and (b) Saul Ewing LLP, 222 Delaware Avenue, Suite 1200, P.O. Box 1266,
Wilmington, Delaware 19899, Attn: Mark Minuti, Esquire, and Lucian B. Murley, Esquire; and
(iii) the Office of the United States Trustee, 844 King Street, Suite 2207, Lockbox 35,
Wilmington, DE 19801 Attn: Mark Kenney, Esquire.
PLEASE TAKE FURTHER NOTICE THAT IF YOU FAIL TO RESPOND IN
ACCORDANCE WITH THIS NOTICE, THE COURT MAY GRANT THE RELIEF
REQUESTED IN THE MOTION WITHOUT FURTHER NOTICE OR HEARING.
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DOCS_DE:192265.1 28353-001
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PLEASE TAKE FURTHER NOTICE THAT, IF OBJECTIONS OR
RESPONSES ARE TIMELY FILED AND SERVED IN ACCORDANCE WITH THIS
NOTICE, A HEARING ON THE MOTION WILL BE HELD BEFORE THE HONORABLE
KEVIN GROSS, CHIEF UNITED STATES BANKRUPTCY JUDGE, AT THE UNITED
STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE, 824 MARKET
STREET, 6TH FLOOR, COURTROOM NO. 3, WILMINGTON, DELAWARE 19801 ON
JUNE 9, 2014 AT 3:00 P.M. (PREVAILING EASTERN TIME).
Dated: April 16, 2014
Wilmington, Delaware
/s/ Peter J. Keane
Laura Davis Jones (DE Bar No. 2436)
James E. O’Neill (DE Bar No. 4042)
Peter J. Keane (DE Bar No. 5503)
PACHULSKI STANG ZIEHL & JONES LLP
919 North Market Street, 17th Floor
P.O. Box 8705
Wilmington, Delaware 19899-8705 (Courier 19801)
Telephone:
(302) 652-4100
Facsimile:
(302) 652-4400
Email:
[email protected]
[email protected]
[email protected]
- and James H.M. Sprayregen, P.C. (admitted pro hac vice)
Anup Sathy, P.C. (admitted pro hac vice)
Ryan Preston Dahl (admitted pro hac vice)
KIRKLAND & ELLIS LLP
300 North LaSalle Street
Chicago, Illinois 60654
Telephone:
(312) 862-2000
Facsimile:
(312) 862-2200
Email:
[email protected]
[email protected]
[email protected]
Attorneys for the
Debtors and Debtors in Possession
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EXHIBIT A
Proposed Order
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IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
In re:
FAH LIQUIDATING CORP., et al.,1
(f/k/a FISKER AUTOMOTIVE
HOLDINGS, INC.)
Debtors.
)
) Chapter 11
)
) Case No. 13-13087 (KG)
)
)
)
) (Jointly Administered)
)
ORDER AUTHORIZING THE DEBTORS TO
AUTHORIZE THE DISSOLUTION OF FISKER AUTOMOTIVE GMBH
Upon the motion (the “Motion”)2 of the above-captioned debtors (collectively,
the “Debtors”) for entry of this Order authorizing, but not directing, the Debtors to take steps
necessary or advisable to change the corporate name and authorize the dissolution of Fisker
Automotive GmbH (“Fisker GmbH”) under applicable law, including by authorizing the
resolution substantially in the form attached hereto as Exhibit 1, and authorizing the Debtors to
execute a power of attorney substantially in the form attached to the Order as Exhibit 2; and this
Court having jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334 and the
Amended Standing Order of Reference from the United States District Court for the District of
Delaware, dated February 29, 2012; and this Court having found that this is a core proceeding
pursuant to 28 U.S.C. § 157(b)(2), and that this Court may enter a final order consistent with
Article III of the United States Constitution; and this Court having found that venue of this
proceeding and the Motion in this district is proper pursuant to 28 U.S.C. §§ 1408 and 1409; and
1
The Debtors, together with the last four digits of each Debtor’s federal tax identification number, are:
FAH Liquidating Corp. (f/k/a Fisker Automotive Holdings, Inc.) (9678); and FA Liquidating Corp.
(f/k/a Fisker Automotive, Inc.) (9075). For the purpose of these chapter 11 cases, the service address for the
Debtors is: 3080 Airway Avenue, Costa Mesa, California 92626.
2
Capitalized terms used but not otherwise defined herein have the meanings ascribed to them in the Motion.
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this Court having found that the relief requested in the Motion is in the best interests of the
Debtors’ estates, their creditors, and other parties in interest; and this Court having found that
notice of and opportunity for a hearing on the Motion were appropriate and no other notice need
be provided; and this Court having reviewed the Motion and having heard the statements in
support of the relief requested therein at a hearing before this Court (the “Hearing”); and this
Court having determined that the legal and factual bases set forth in the Motion and at the
Hearing establish just cause for the relief granted herein; and upon all of the proceedings had
before this Court; and after due deliberation and sufficient cause appearing therefor, it is
HEREBY ORDERED THAT:
1.
The Motion is GRANTED as set forth herein.
2.
The Debtors are hereby authorized, but not directed, to take steps necessary or
advisable to change the name and authorize the dissolution of Fisker GmbH, including approving
the resolution substantially in the form attached hereto as Exhibit 1 and executing the power of
attorney substantially in the form attached hereto as Exhibit 2.
3.
Notwithstanding Bankruptcy Rule 6004(h), this Order shall take effect
immediately upon entry.
4.
The Debtors are authorized to take all actions necessary to effectuate the relief
granted in this Order in accordance with the Motion.
5.
This Court retains jurisdiction with respect to all matters arising from or related to
the implementation, interpretation, and enforcement of this Order.
Dated: ____________________
Wilmington, Delaware
The Honorable Kevin Gross
Chief United States Bankruptcy Judge
2
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EXHIBIT 1
Shareholder Resolution
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Urkundenrolle Nr. [●]
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Roll of Deeds No. [●]
Verhandelt
zu [●], am [●]
Negotiated
at [●] on [●]
Vor mir, dem unterzeichneten Notar
Before me, the undersigning notary
[●]
[●]
mit dem Amtssitz in [●],
with official seat in [●],
erschien heute:
the following person appeared today:
[●], geboren am [●], wohnhaft in [●].
[●], born on [●], resident at [●].
[Angaben zur Vertretungsbefugnis] Der
Erschienene wies sich zur Gewissheit des
Notars aus durch Vorlage
seiner
Personalpapiere, und zwar wie folgt:
[information re power of representation]
The person appearing proved his identity to
the notary's satisfaction by presenting his
personal identity papers as follows:
[Angabe der Ausweisnummer sowie der
ausstellenden Behörde]
[identification number and issuing public
authority]
Der Notar erläuterte das Mitwirkungsverbot
des § 3 Abs. 1 Nr. 7 BeurkG. Der
Erschienene verneinte die Frage, ob ein
Mitwirkungsverbot des Notars im Sinne
dieser Vorschrift vorliege.
The notary explained that according to
sec. 3 para. 1 no. 7 of the Notarisation Act
(BeurkG), he is prima facie not permitted to
act in the event of a prior involvement in the
matter. The person appearing answered the
notary's question as to whether he is banned
from acting within the meaning of this
provision in the negative.
Gesellschafterversammlung der
Shareholders' Meeting of
Fisker Automotive GmbH
1
Vorbemerkung
Alleiniger Gesellschafter der im
Handelsregister des Amtsgerichts
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Preamble
Sole
Shareholder
of
Fisker
Automotive GmbH (the "Company")
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München unter HRB 190584 eingetragenen Fisker Automotive GmbH
(die "Gesellschaft") mit einem
Stammkapital von EUR 25.000,00 ist:
registered in the commercial register
of the Local Court (Amtsgericht) of
Munich under HRB 190584 with a
share capital of EUR 25,000.00 is:
FA Liquidating Corp. (vormals: Fisker
Automotive Inc) (Geschäftsanschrift:
3080 Airway Avenue, Costa Mesa,
California 92626, USA). mit 25.000
Geschäftsanteilen im Nennbetrag von
je EUR 1,00 (laufende Nummern 1 bis
25.000).
FA Liquidating Corp. (f/k/a Fisker
Automotive Inc.) (business address:
3080 Airway Avenue, Costa Mesa,
California 92626, USA) with 25,000
shares in the nominal amount of
EUR 1.00 each (serial numbers 1 to
25,000).
Gesellschafterversammlung
2
Unter Verzicht auf sämtliche Formund
Fristvorschriften
für
die
Einberufung und Durchführung einer
Gesellschafterversammlung halte ich
eine Gesellschafterversammlung der
Gesellschaft ab und fasse folgende
Beschlüsse ("Gesellschafter"):
2.1
2.2
Page 6 of 13
Shareholders' Meeting
Waiving all formalities and notice
periods with regard to the convening
and holding of a shareholders'
meeting, I hereby hold a shareholders'
meeting of the Company and pass the
following
resolutions
("Shareholder"):
Firma
2.1
Company Name
Die Firma der Gesellschaft wird
geändert in FA Liquidating GmbH..
The name of the Company is changed
to FA Liquidating GmbH..
Demgemäß wird § 1 Abs. 1 des
Gesellschaftsvertrags und wie folgt
neu gefasst:
Accordingly, sec. 1 para. 1 of the
Articles of Association is changed and
reworded as follows:
Die Gesellschaft führt die Firma:
The Company has the corporate name:
FA Liquidating GmbH
FA Liquidating GmbH
Auflösung
2.2
Liquidation
2.2.1 Die Gesellschaft ist mit Wirkung zum
Ablauf des [●] aufgelöst.
2.2.1 The Company is dissolved effective
[●].
2.2.2 Herr Bernhard Köhler wird zum
alleinigen Liquidator bestellt.
2.2.2 Mr Bernahrd Köhler is appointed as
sole liquidator.
2.2.3 Herr Bernhard Köhler vertritt die
2.2.3 Mr Bernhard Köhler is entitled to act
2
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Gesellschaft einzeln, solange er
alleiniger Liquidator ist. Ansonsten
vertritt
er
die
Gesellschaft
gemeinschaftlich mit einem anderen
Liquidator.
as sole representative of the Company,
as long as he is the sole liquidator.
Otherwise he shall represent the
Company together with another
liquidator.
2.2.4 Die Bücher und Schriften der
Gesellschaft werden nach Beendigung
der
Auflösung
durch
den
Gesellschafter verwahrt, der sich
hiermit dazu bereit erklärt.
2.2.4 After liquidation the books and
documents of the Company shall be
held by the Shareholder [●], who
hereby agreed.
3
3
Kosten
Die Kosten dieser Verhandlung und
ihrer
Durchführung
trägt
die
Gesellschaft.
4
Costs
The costs of this deed and of its
execution shall be borne by the
Company.
Belehrungen
4
Instructions
Der Notar wies den Erschienenen
darauf hin, dass die Satzungsänderungen erst mit Eintragung im
Handelsregister wirksam werden.
The notary informed the person
appearing that the changes to the
Articles of Association will only
become
effective
upon
being
registered in the commercial register.
Die deutsche Fassung ist rechtsverbindlich;
der englische Text ist nicht Bestandteil
dieser Urkunde und nur eine unverbindliche
Übersetzung.
The German wording shall be legally
binding; the English text is not part of this
deed and is only a non-binding translation.
Das Protokoll wurde dem Erschienenen
vorgelesen und eigenhändig, wie folgt,
unterschrieben:
The deed was read aloud to the person
appearing, approved and personally signed
by him as follows:
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EXHIBIT 2
Power of Attorney
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VOLLMACHT
POWER OF ATTORNEY
Die alleinige Gesellschafterin der Fisker
Automotive GmbH mit dem Sitz in
München, eingetragen im Handelsregister
des
Amtsgerichts
München
unter
HRB 190584,
Sole shareholder of Fisker Automotive GmbH
with its principal office in Munich, registered
in the commercial register of the local court
(Amtsgericht) in Munich under HRB 190584
FA Liquidating Corp. (f/k/a Fisker
Automotive Inc.) (business address: 3080
Airway Avenue, Costa Mesa, California
92626, USA) (hereinafter referred to as
"Principal"),
FA Liquidating Corp. (vormals: Fisker
Automotive Inc) (Geschäftsanschrift: 3080
Airway Avenue, Costa Mesa, California
92626,
USA)
(nachstehend
"Vollmachtgeberin" genannt),
bevollmächtigt hiermit
hereby grants power of attorney to
Volker Kullmann, Dr. Christian Zuleger, Dr. Björn Holland, Dr. Marcus Klie, Nicole Schlatter, Dr.
Oded Schein, Sylvia Strumpler, Dirk Kramer, Dr. Bernhard Guthy, Carl Pickerill, Dr. Bernd
Meyer-Löwy, Isabel Ruttloff und/and Dr. Philipp Mangini-Guidano
jeweils geschäftsansässig bei Kirkland & Ellis International LLP, Maximilianstr. 11, D80539 München,
each with business address at Kirkland & Ellis
International LLP, Maximilianstr. 11, D-80539
Munich, Germany,
(nachstehend einzeln der "Bevollmächtigte"
und gemeinsam die "Bevollmächtigten" genannt),
(hereafter individually referred to as the "Attorney" and collectively referred to as the "Attorneys"),
und zwar
einzeln,
and each of the Attorneys individually,
jeden
der
Bevollmächtigten
die Vollmachtgeberin bei allen Rechtshandlungen der Vollmachtgeberin als direkte
oder indirekte Gesellschafterin der Fisker
Automotive GmbH und/oder anderer
Gesellschaften zu vertreten, insbesondere
to represent the Principal in connection with
all transactions of the Principal in its capacity
as direct or indirect shareholder and/or partner
of Fisker Automotive GmbH and/or other
companies/partnerships, in particular,
(i) in ordentlichen und außerordentlichen
Gesellschafterversammlungen
von
Gesellschaften, (ii) bei Gesellschafterbeschlüssen aller Art (einschließlich der
(i) in
ordinary
and
extraordinary
shareholders'/partners'
meetings
of
companies/partnerships, (ii) in the taking
of shareholders'/partners' resolutions of
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Zustimmung zu Abschluss, Änderung,
Ergänzung, Durchführung und Beendigung von Unternehmensverträgen im
Sinne von §§ 291 ff. AktG (analog)
sowie der Abgabe von Verzichtserklärungen bezüglich aller nichtzwingenden
Vorschriften des Aktiengesetzes und anderer Gesetze, Umwandlungen nach dem
Umwandlungsgesetz, Änderungen des
Gesellschaftsvertrages
(einschließlich
Sitzverlegungen,
Namensänderungen
und Änderungen des Unternehmensgegenstandes),
der
Auflösung
von
Gesellschaften, der Abberufung und/oder
Bestellung von Geschäftsführern und
Liquidatoren,
Geschäftsordnungen,
Kapitalerhöhungen
(einschließlich
Sachkapitalerhöhungen) mit der Abgabe
von
Übernahmeerklärungen
sowie
sonstigen Kapitalmaßnahmen), (iii) bei
Verfügungen jeglicher Art, sowie (iv) bei
allen Geschäften, die hiermit unmittelbar
oder mittelbar zusammenhängen;
whatever nature (including the consent to
signing, modification, amending, implementation and termination of affiliation
agreements in terms of Section 291 et
seqq. of the German Stock Companies
Act (AktG) (analogous) as well as waiver
declarations regarding all non-binding
provisions of the German Stock Companies Act (Akt) and other laws, transformations pursuant to the German Act on
Transformations (UmwG), amendments of
articles of association and/or partnership
agreements (including transfer of registered seats, change of names and change
of objects), the dissolution of companies,
the dismissal and/or appointment of
managing directors or liquidators, rules of
procedure, capital increases (including
capital increases by way of a contribution
in kind) together with declarations of
subscription as well as other capital
measures), (iii) with regard to all acts of
disposal, and (iv) with regard to all other
transactions directly or indirectly related
thereto;
alle Erklärungen und Zustimmungen abzugeben oder entgegenzunehmen und sämtliche
Maßnahmen und Handlungen vorzunehmen,
insbesondere Verträge zu verhandeln, abzuschließen, zu ändern, zu ergänzen, durchzuführen und zu beenden, die mit den
vorstehend in dieser Vollmacht genannten
Maßnahmen und/oder deren Finanzierung
direkt oder indirekt in Zusammenhang stehen
(insbesondere alle erforderlichen oder
zweckdienlichen Anmeldungen zur Eintragung in die entsprechenden Handelsregister vorzunehmen).
to make and receive all declarations and
approvals and to undertake all measures and
activities, in particular to negotiate, sign,
modify, amend, implement and terminate
agreements, directly or indirectly related to the
measures and/or the financing of these
measures addressed in this power of attorney
(especially to make all required or appropriate
filings for registration in the respective
commercial registers).
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Jeder der Bevollmächtigten ist, soweit gesetzlich zulässig, von den Beschränkungen
des § 181 BGB und vergleichbarer Vorschriften ausländischer Rechtsordnungen
befreit und berechtigt, Untervollmachten in
gleichem Umfang zu erteilen.
To the extent legally permissible, each of the
Attorneys shall be exempt from the restrictions
of Section 181 German Civil Code (BGB) and
comparable provisions in other jurisdictions
and shall be authorised to delegate his powers
with the same scope of authorisation to any
other person.
Soweit die Bevollmächtigten die in dieser
Vollmacht genannten Handlungen bereits
ausgeführt haben, werden diese hiermit
ausdrücklich genehmigt.
If and to the extent the Attorneys have already
taken any actions referred to in this power of
attorney, such actions are hereby explicitly
approved.
Diese Vollmacht ist weit auszulegen, damit
stets der mit ihr verfolgte wirtschaftliche
Zweck erreicht werden kann.
This power of attorney shall be construed
widely so as to always achieve its economic
purpose.
Diese Vollmacht unterliegt deutschem Recht.
Der deutsche Text dieser Vollmacht ist bindend.
This power of attorney shall be subject to
German law. The German version of this power of attorney shall prevail.
Diese Vollmacht ist unbefristet gültig.
This power of attorney has an indefinite term.
_________________________________________
Ort/Datum, Place/Date
FA Liquidating Corp.
________________________________
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Certification of the notary public
County of ________________________, State of ____________________________
On the date ________________2014 before me, _____________________________,
notary public, personally appeared _________________ who proved to me on the
basis of satisfactory evidence to be the person whose name is subscribed to the within
instrument and acknowledged to me that he executed the same in his authorized
capacity, and that by his signature on the instrument the person, or the entity upon
behalf of which the person acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of
____________________________ that the foregoing paragraph is true and correct.
WITNESS my hand and official seal
Signature _____________________________ (Seal)
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