A bankruptcy judge has approved additional bankruptcy financing for Fisker Automotive as the failed electric vehicle maker continues to make its way through a chapter 11 sale process, The News Journal of Wilmington reported today. The judge signed a second interim order on Tuesday authorizing an additional $2.7 million in bankruptcy loans from Hybrid Technologies LLC, Fisker's primary secured lender. That's on top of about $1.7 million in debtor financing from Hybrid that the court previously approved. The money will be used for working capital and bankruptcy expenses as attorneys for Fisker seek court approval of a sale of the company's remaining assets to Hybrid.
