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US: Court approves latest Cooper-Standard plan

Cooper-Standard has announced that the US Bankruptcy Court has approved its first amended disclosure statement in connection with its proposed second amended joint Chapter 11 plan of reorganisation. The Court also approved the equity commitment agreement with certain of the company's noteholders which provides it with a committed equity investment Subscribe to Automotive World to … Continued

Cooper-Standard has announced that the US Bankruptcy Court has approved its first amended disclosure statement in connection with its proposed second amended joint Chapter 11 plan of reorganisation. The Court also approved the equity commitment agreement with certain of the company's noteholders which provides it with a committed equity investment

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https://www.automotiveworld.com/articles/81456-us-court-approves-latest-cooper-standard-plan/

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