US: Visteon cleared to seek plan approval

Visteon has confirmed that the US Bankruptcy Court has approved its disclosure statement in connection with the Chapter 11 plan of reorganisation filed by the company. Given the court's authorisation, Visteon says it will now move quickly to begin the process of soliciting approval of the plan from eligible stakeholders. The Subscribe to Automotive World … Continued

• By Webmaster
• June 28, 2010