Northvolt's Board of Directors Resigns

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Northvolt's Board of Directors Resigns
Photo: Jonas Ekströmer/TT

The entire Northvolt board has requested its own resignation in the midst of the bankruptcy, reports Affärsvärlden. This emerges from information submitted to the Companies Registration Office.

They have chosen to go all in, says the Swedish Companies Registration Office's administrator to the newspaper.

The company filed for bankruptcy on March 21 this year.

There is nothing preventing the board from leaving during the bankruptcy, says the trustee Johan Pellegrini to Affärsvärlden.

He emphasizes, however, that the responsibility does not disappear.

The board's obligations towards the trustee do not disappear just because they leave the board.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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