US: Visteon further amends reorganisation plan

Visteon has unveiled a further amended plan of reorganisation under which existing shareholders could receive up to 5% of the reorganised company. The amended (fourth) plan was filed just hours before a further US Bankruptcy Court hearing on 14 June to consider the bankrupt supplier's disclosure statement. Following legal discussions It’s time to log in … Continued

• By Webmaster
• June 15, 2010