Chrysler Group has asked the U.S. Bankruptcy Court to pre-empt new state laws that seek to make it easier for rejected dealerships to win reinstatement.
Tags: Bankruptcy Court, Chrysler, Chrysler Group, New Laws, Reinstatement, State Laws, U.S. Bankruptcy Court
Chrysler won’t pay back any of the $3.7 billion still outstanding in U.S. Treasury loans made under the Troubled Asset Relief Program, according to the terms of a plan filed today in Bankruptcy Court.
Tags: Bankruptcy Court, Chrysler, Earmarks, Loans, U S Treasury, U.S. Treasury, USD
Struggling parts supplier Visteon Corp. received court approval on Thursday for several deals that will help it restructure operations and secure financing.
Tags: Bankruptcy Court, Court Approval, Visteon, Visteon Corp
Lear Corp. today received approval for its Chapter 11 bankruptcy reorganization plan from the U.S. Bankruptcy Court in New York, nearly four months after the company filed for protection.
Tags: Bankruptcy Court, Bankruptcy Reorganization, Chapter 11 Bankruptcy, Court Approval, Four Months, Lear Corp, New York, Reorganization Plan, U.S. Bankruptcy Court, Wins
Supplier Visteon Corp. is seeking approval in U.S. Bankruptcy Court for a $150 million financing package to shore up cash levels that company executives project are likely to fall below the minimum needed to run the business by March 2010.
Tags: 2010 Supplier Visteon Corp., Bankruptcy Court, Company Executives, U.S. Bankruptcy Court, USD, Visteon, Visteon Corp
Delphi Corp., the former parts unit of General Motors that became a multibillion-dollar liability to the automaker, is preparing to leave Chapter 11 bankruptcy today after four years of court protection.
Tags: Automaker, Bankruptcy Court, Chapter 11 Bankruptcy, Delphi, Delphi Corp., General Motors, Multibillion Dollar
Delphi Corp., the former parts unit of General Motors that became a multibillion-dollar liability to the automaker, is preparing to leave Chapter 11 bankruptcy today after four years of court protection.
Tags: Automaker, Bankruptcy Court, Chapter 11 Bankruptcy, Delphi, Delphi Corp., General Motors, Multibillion Dollar
Delphi Corp., the former parts unit of General Motors that became a multibillion-dollar liability to the automaker, is preparing to leave Chapter 11 bankruptcy today after four years of court protection.
Tags: Automaker, Bankruptcy Court, Chapter 11 Bankruptcy, Delphi, Delphi Corp., General Motors, Multibillion Dollar
Delphi, the former parts unit of General Motors that became a multibillion-dollar liability to the automaker, today emerged from Chapter 11 bankruptcy after four years of court protection.
Tags: Bankruptcy Court, Bankruptcy Protection, Chapter 11 Bankruptcy, Delphi, General Motors, Multibillion Dollar
Visteon Corp. is asking for more time to submit its reorganization plan to the U.S. Bankruptcy Court in Delaware. The plan was originally due Thursday.
Tags: Bankruptcy Court, Delaware, Reorganization Plan, Visteon, Visteon Corp
Visteon Corp. is asking for more time to submit its reorganization plan to the U.S. Bankruptcy Court in Delaware. The plan was originally due Thursday.
Tags: Bankruptcy Court, Delaware, Reorganization Plan, Visteon, Visteon Corp
J.L. French Automotive Castings Inc., which supplies engine blocks and transmission parts to the Detroit 3, today said it will shed much of its debt in a reorganization plan approved yesterday by a bankruptcy court.
Tags: Bankruptcy Court, Castings, Engine Blocks, Powertrain, Reorganization Plan, Shed, Transmission Parts
A New York bankruptcy judge has rejected attempts by 11 rejected Chrysler dealerships to get their lost franchises back under state franchise laws.
Tags: Attempts, Bankruptcy Court, Bankruptcy Judge, Chrysler, Chrysler Dealerships, Franchise Laws, Franchises, State Franchise
Lear Corp. won bankruptcy court approval Tuesday to pay 29 executives and managers $20.6 million in bonus payments if the company successfully emerges from bankruptcy.
Tags: 6 Million, Bankruptcy Court, Bonus Payments, Court Approval, Lear Corp, USD
Auto parts supplier Lear Corp. filed its reorganization plan in bankruptcy court, moving ahead with a deal to restructure about $3.6 billion of its debt burden and possibly exit bankruptcy protection this year.
Tags: Auto Parts Supplier, Bankruptcy Court, Bankruptcy Protection, Debt Burden, Exit, Lear Corp, parts supplier, Plan Ahead, Reorganization Plan, USD
Auto parts supplier Lear Corp. filed its reorganization plan in bankruptcy court, moving ahead with a deal to restructure about $3.6 billion of its debt burden and possibly exit bankruptcy protection this year.
Tags: Auto Parts Supplier, Bankruptcy Court, Bankruptcy Protection, Bankruptcy Reorganization, Debt Burden, Exit, Lear Corp, parts supplier, Plan Ahead, Reorganization Plan, USD
Auto parts supplier Lear Corp. filed its reorganization plan in bankruptcy court, moving ahead with a deal to restructure about $3.6 billion of its debt burden and possibly exit bankruptcy protection this year.
Tags: Auto Parts Supplier, Bankruptcy Court, Bankruptcy Protection, Debt Burden, Exit, Lear Corp, parts supplier, Plan Ahead, Reorganization Plan, USD
DETROIT and#x2014; After selecting in Bankruptcy Court about 1,350 dealerships for termination, General Motors Co. now is saying it will fill open points.
Tags: Bankruptcy Court, General Motors, Gm, Open Points
Visteon Corp argued in bankruptcy court on Friday it needed to curtail health-care insurance for about 7,700 retirees and employees. The former Ford Motor Co.
Tags: Bankruptcy Court, Ford, Ford Motor, Ford Motor Co., Health Care Insurance, Health Insurance, Insurance, Retiree Health Benefits, Visteon, Visteon Corp
Visteon Corp argued in bankruptcy court on Friday it needed to curtail health-care insurance for about 7,700 retirees and employees. The former Ford Motor Co.
Tags: Bankruptcy Court, Ford, Ford Motor, Ford Motor Co., Health Care Insurance, Health Insurance, Insurance, Retiree Health Benefits, Visteon, Visteon Corp
Chrysler Group has asked a U.S. Bankruptcy Court judge to prevent rejected dealers from suing the automaker in state courts to get their lost franchises back.
Tags: Automaker, Bankruptcy Court, Chrysler, Chrysler Dealers, Chrysler Group, Court Judge, Franchises, Lost, State Courts, U.S. Bankruptcy Court
Chrysler Group has asked a U.S. Bankruptcy Court judge to prevent rejected dealers from suing the automaker in state courts to get their lost franchises back.
Tags: Automaker, Bankruptcy Court, Chrysler, Chrysler Dealers, Chrysler Group, Court Judge, Franchises, Lost, State Courts, U.S. Bankruptcy Court
Chrysler Group has asked a U.S. Bankruptcy Court judge to prevent rejected dealers from suing the automaker in state courts to get their lost franchises back.
Tags: Automaker, Bankruptcy Court, Chrysler, Chrysler Dealers, Chrysler Group, Court Judge, Franchises, Lost, State Courts, U.S. Bankruptcy Court
General Motors Co., trying to build confidence in the marketplace after a stint in U.S. Bankruptcy Court, unveiled its two-year product plan today. During its 39-day bankruptcy, GM struck deals to sell the Saab, Hummer and Saturn brands.
Tags: Bankruptcy Court, Confidence, Core Brands, General Motors, General Motors Co., Gm, Hummer, Marketplace, Product Plan, Saab, Saturn, Stint, U.S. Bankruptcy Court
General Motors Co. has decided to allow rejected dealers who want to close before Jan. 1 to do so without penalty. In June during its stint in U.S. Bankruptcy Court, GM targeted about 1,300 dealerships for closure.
Tags: Bankruptcy Court, Closure, General Motors, General Motors Co., Gm, Gm Dealers, Stint, U.S. Bankruptcy Court