Nicholas founder Trevor Milton is fighting subpoena from his bankrupt company creditors

Nikola's recently overthrown founder Trevor Milton has been battling subpoenas from his bankrupt electric truck company creditors.

In the bankruptcy case, the official committee of unsecured creditors sent the subpoena to Milton's lawyers on April 1, according to a recent document. Milton owes Nikola before filing bankruptcy in February, following a 2023 arbitration case with the company, which is related to his criminal conviction for his lost.

Milton still has no payments and is trying to use subpoenas to determine the status quo of his financial situation, the commission said.

Before Nicholas went bankrupt, Nichola sued Milton in federal court in Arizona and accused him of “fraudulently transferring tens of millions of dollars in assets to hinder (Nicol) (Nicol) (ITS) attempts to collect arbitration awards.”

According to the documents, Milton has been battling the subpoena for the past two months. The company's attorneys told the judge they believe the materials seeking by creditors comply with protection orders in the Arizona case.

A fight against subpoena may arise at a hearing scheduled for June 9.

The attorney representing the Commission of Creditors and Milton did not immediately respond to a request for comment.

Most of Nikola's assets have been sold during the bankruptcy process. Lucid Motors purchased the lease at Nikola's Arizona plant and headquarters and hired about 300 employees. An auction company bought Nikola's remaining hydrogen-powered truck fleet.

This makes the Arbitration Award one of the largest and crucial remaining assets of Nikola’s property.

Before filing for bankruptcy, Nikola was hit by a class action lawsuit related to misleading claims he filed in his process of becoming a public company. Although Nikola settled the Securities and Exchange Commission case over these claims, shareholder lawsuits were still ongoing when the company fell into bankruptcy.

The plan that started with bankruptcy was to use Milton’s arbitration award to resolve shareholder litigation. But Milton "has not paid a penny yet," the creditors committee said in its filing. Along the way, Milton appealed his four-year prison sentence, and he was awarded a surprise pardon by President Trump. A few weeks later, Nicholas' lawyer accused Milton of trying to go bankrupt.

Meanwhile, Milton commissioned a documentary that was scheduled to premiere on June 10, promising to tell “a true story about the so-called 'judicial system' that almost destroyed an innocent person.”