Former Uber Technologies Inc. head s self-driving technologies unit Anthony Levandowski filed for bankruptcy protection on Wenesday. This came following a court sanction of $179 million payment to Google after his separation from the company.
Levandowski, who worked as a key engineer in Google s self-driving project, and his colleague Lior Ron violated legal obligations and pursued unfair competition as the two started a rival company and recruited Google employees.
Levandowski filed for bankruptcy under Chapter 11, which allowed him to negotiate debts. He has around $50 million to $100 million in assets and $100 million to $500 million in liabilities, as stated in his filing.
He had filed a dispute against the arbitration ruling. However, San Francisco County court backed the arbitration panel s decision and award.
Ron settled for $9.7 million with Google last month and had remained at Uber.
Levandowski could owe up to $127 million, but later on, undisclosed interest and attorney s fees were added.
This arbitration victory was the latest for Google who had faced this long-due legal battle with Uber.
https://dowmarkets.com/en/news/former-uber-self-driving-head-files-for-bankruptcy-protection-after-179-million-loss-to-google