After 4 years, Delphi emerges from Chapter 11 as new companyOctober 6th, 2009 Delphi emerges from Chapter 11NEW YORK — Auto supplier Delphi says it's emerging from bankruptcy protection nearly four years to the day it filed for Chapter 11. Troy, Mich.-based Delphi Holdings LLP says it has acquired most of the old company's core businesses as part of it's plan to restructure and exit court oversight.
Parts maker Delphi receives no new bidders on assets, paving way for sale to buyout firm, GMJuly 11th, 2009 Delphi receives no new bidders on assetsNEW YORK — Auto parts maker Delphi Corp. says a deadline has passed with no further bidders on its business, paving the way for a sale to a California private-equity firm and General Motors Corp.
Delphi defends sale to Platinum, says it has been open to buyers since entering bankruptcyJune 25th, 2009 Delphi defends asset sale to private-equity firmNEW YORK — Auto parts maker Delphi Corp. defended the sale of a portion of its assets to a private equity firm on Thursday, saying it has been open to other buyers since it first entered bankruptcy protection four years ago.
Supreme Court clears way for Chrysler sale to FiatJune 10th, 2009 High court won't block Chrysler saleWASHINGTON — The Supreme Court on Tuesday cleared the way for Chrysler LLC's sale to Fiat, turning down a last-ditch appeal by opponents that included consumer groups and three Indiana pension plans. The court rejected a plea to block the sale of most of Chrysler's assets to the Italian automaker.
Supreme Court clears way for Chrysler's sale to Fiat, turning down last-ditch bid by opponentsJune 10th, 2009 Supreme Court clears way for Chrysler's Fiat saleWASHINGTON — The Supreme Court on Tuesday cleared the way for Chrysler LLC's sale to Fiat, turning down a last-ditch bid by opponents that included consumer groups and three Indiana pension plans. The court rejected a plea to block the sale of most of Chrysler's assets to the Italian automaker.
Fiat says it won't walk away from Chrysler deal despite US Supreme Court delaysJune 9th, 2009 Fiat commits to Chrysler deal despite court delayMILAN — Italian automaker Fiat said Tuesday it will not turn its back on a deal to acquire a controlling stake in Chrysler despite a U.S. Supreme Court stay on the sale.
Supreme Court delays Chrysler's sale of most of its assets to a group led by FiatJune 8th, 2009 Supreme Court delays Chrysler's sale to FiatWASHINGTON — Supreme Court Justice Ruth Bader Ginsburg on Monday delayed Chrysler's sale of most of its assets to a group led by Italy's Fiat, but didn't say how long the deal will remain on hold. Ginsburg said in an order that the sale is "stayed pending further order," indicating that the delay may only be temporary.
Supreme Court asked to block Chrysler sale to Fiat pending appealJune 7th, 2009 High court asked to block Chrysler sale to FiatWASHINGTON — Three Indiana state pension and construction funds want the Supreme Court to block Chrysler's sale to Fiat so they can pursue an appeal in hopes of getting a better deal. Also filing emergency papers at the high court Sunday were lawyers representing consumer groups and individuals with product-related lawsuits.
Indiana state pension and construction funds ask Supreme Court to block Chrysler sale to FiatJune 7th, 2009 Supreme Court asked to block Chrysler sale to FiatWASHINGTON — Three Indiana state pension and construction funds want the Supreme Court to block Chrysler's sale to Fiat so they can pursue an appeal in hopes of getting a better deal. The funds filed emergency papers at the high court early Sunday.
GM to spend $2 billion to facilitate Delphi sale, in exchange for equity in new companyJune 6th, 2009 GM to spend $2 billion to facilitate Delphi saleDETROIT — General Motors Corp. said Friday it will pay $2 billion to Delphi Corp.
Appeals court OKs Chrysler sale to Fiat but keeps deal on hold until Monday to allow appealJune 6th, 2009 Appeals court upholds Chrysler sale to FiatNEW YORK — A U.S. appeals court on Friday upheld Chrysler's sale of most of its assets to Italy's Fiat, but the deal will remain on hold to allow an appeal to the nation's highest court.
Appeals court conditionally approves Chrysler sale but keeps deal on hold to allow appealJune 5th, 2009 Appeals court conditionally OKs Chrysler saleNEW YORK — A U.S. appeals court conditionally approved Chrysler's sale of most of its assets to Italy's Fiat Friday, but is keeping the deal on hold until Monday to allow an appeal to the nation's highest court.
Supreme Court refuses to hear appeal from man convicted of raping 15-year-old girlJune 1st, 2009 Court won't hear appeal from man convicted of rapeWASHINGTON — The Supreme Court won't hear the latest appeal from a man convicted in the rape and killing of a 15-year-old Kansas City girl. The high court on Monday refused to hear an appeal from Michael A.
Bankruptcy court documents show Delphi now has a few more weeks to negotiate steering saleMay 8th, 2009 Delphi gets until May 21 to reach GM, lenders dealNEW YORK — Auto parts supplier Delphi Corp. has a few more weeks to work out a deal to sell its steering business to General Motors Corp., according to documents filed Wednesday in bankruptcy court in New York.
Delphi receives extension to file term sheet, amends financing agreementApril 23rd, 2009 Delphi gets more time to submit planNEW YORK — Delphi now has more time to come up with a plan to restructure itself without its lenders taking actions that could force the struggling auto supplier into liquidation. U.S. Bankruptcy Judge Robert Drain on Thursday approved a motion extending the deadline for Troy, Mich.-based Delphi Corp.
Loading ...