Visteon judge rejects insider bonuses, approves incentives for lower managersOctober 7th, 2009 Visteon judge rejects bonuses for top officersWILMINGTON, Del. — A Delaware bankruptcy judge has rejected a request by auto parts supplier Visteon Corp.
Bankruptcy trustee, unions object to Visteon's revised bonus planOctober 2nd, 2009 Visteon scales back proposed bonus planDOVER, Del. — Auto parts supplier Visteon Inc.
Visteon says it's close to emerging from bankruptcy, asks court for more timeSeptember 22nd, 2009 Visteon asks bankruptcy court for more timeWILMINGTON, Del. — Auto parts supplier Visteon Corp.
Bankruptcy judge approves Dayton Superior disclosure statement; confirmation hearing setAugust 25th, 2009 Bankruptcy judge OKs Dayton Superior statementDAYTON, Ohio — Dayton Superior Corp., which makes products used in concrete construction, said a federal bankruptcy judge in Delaware has approved the company's disclosure statement. The company said late Monday the order signed by U.S.
Reader's Digest files for prearranged Ch. 11 bankruptcy protection as part of restructuringAugust 24th, 2009 Reader's Digest files prearranged Ch. 11 papersPLEASANTVILLE, N.Y.
Bankruptcy judge to rule whether Visteon can cut health, life insurance benefits for thousandsAugust 15th, 2009 Visteon judge to rule on cutting retiree benefitsWILMINGTON, Del. — A Delaware bankruptcy judge is weighing whether auto parts supplier Visteon Corp.
Where some of the major auto supplier bankruptcy cases standAugust 15th, 2009 Auto suppliers under bankruptcy protectionAuto parts supplier Visteon Corp. has asked a Delaware bankruptcy judge for permission to cut health and life insurance benefits for thousands of current and former workers.
GM and Chrysler may become bankruptcy lenders to auto parts supplier VisteonJuly 16th, 2009 GM, Chrysler among possible lenders to VisteonDOVER, Del. — Fresh from bankruptcy reorganization themselves, General Motors and Chrysler Group LLC now may become bankruptcy lenders to auto parts supplier Visteon Corp.
Judge gives final approval to GM's use of bankruptcy financingJune 25th, 2009 Judge gives final OK to bankruptcy financingNEW YORK — A bankruptcy judge says GM can have access to its full $33.3 billion in bankruptcy financing. Judge Robert Gerber gave final approval to the financing on Thursday.
Bankruptcy judge gives interim approval for GM to access $33.3 billion in financingJune 2nd, 2009 Judge OKs use of GM bankruptcy financingNEW YORK — A bankruptcy judge says General Motors can have immediate access to $15 billion in government financing as it attempts to quickly restructure under court protection. U.S. Judge Robert Gerber gave interim approval to the Detroit-based automaker's use of a total of $33.3 billion in financing, with the $15 billion available for use over the next three weeks.
Bankruptcy judge authorizes Visteon to pay critical vendors, other obligationsMay 29th, 2009 Judge approves early motions in Visteon bankruptcyWILMINGTON, Del. — A Delaware bankruptcy judge on Friday approved several first-day motions in the Chapter 11 bankruptcy case of automobile parts supplier Visteon Corp.
Bankruptcy judge authorizes Visteon to pay critical vendors, other obligationsMay 29th, 2009 Judge approves motions in Visteon bankruptcyWILMINGTON, Del. — A Delaware bankruptcy judge has approved several first-day motions in the Chapter 11 bankruptcy case of automobile parts supplier Visteon Corp.
White House says Obama thinks progress is being made toward GM restructuringMay 29th, 2009 White House: Obama sees progress for GMWASHINGTON — The White House says President Barack Obama thinks progress is being made toward restructuring General Motors Corp. and putting it on a path to being a viable auto company.
AbitibiBowater needs debtor financing, bankruptcy court toldMay 2nd, 2009 AbitibiBowater needs debtor financingMONTREAL — Insolvent U.S. newsprint maker AbitibiBowater says it desperately needs a cash infusion from debtor financing after losing $2.2 billion last year.
Canadian, Ontario governments provide financing, get 2 pct stake in retooled Chrysler CanadaApril 30th, 2009 Canadian governments to lend to Chrysler CanadaTORONTO — The Canadian and Ontario governments will jointly hold a 2 percent equity stake in a restructured Chrysler Canada and will lend about 3 billion Canadian dollars (US$2.42 billion) to help the beleaguered company while it is in bankruptcy proceedings. Prime Minister Stephen Harper's office said Thursday that the loan will cover debtor-in-possession financing and exit financing needed when the automaker emerges from court protection.
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