Fisker Automotive is seeking a speedy end to a lawsuit filed against it by electric-sports car rival Tesla Motors.
In a statement released on Wednesday, Fisker said it has filed for arbitration, a motion that will be decided by the San Mateo Superior Court by June 11, 2008.
The contract between Fisker and Tesla had a clause that required that any disputes be handled through arbitration in the Orange County, Calif., within 90 days, according to Fisker. Tesla filed its suit against Fisker in San Mateo Superior Court.
By filing a motion to compel arbitration, Fisker is trying to avoid … Read more