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Ningbo Huaxiang Electronic to acquire major assets of Sellner, German-based interior parts supplier
llner Holding GmbH of Germany. Sellner Holding is a major manufacturer of wooden car interior products for luxury vehicles, supplying its products mainly to BMW, Volkswagen, Audi, General Motors and Mercedes Benz. Although, it had the second largest share in the global market, Sellner filed for bankruptcy in January 2011. Ningbo Huaxiang will pay 18.7 billion euros for Sellner GmbH and its plastic interior parts subsidiary IPG Industrieplast...
新闻 2011/11/11 更新
Visteon announced that the U.S. Bankruptcy Court has confirmed its plan of reorganization, paving way for the company's emergence from Chapter 11 by October 1, 2010. Visteon and certain of its US affiliates filed voluntary petitions for reorganization under Chapter 11 in May 2009. (From a press release on August 31, 2010)...
新闻 2010/08/31 更新
Cooper-Standard announced that the United States Bankruptcy Court confirmed its Plan of Reorganization, paving the way for the Company to exit Chapter 11 in late May, 2010. Cooper-Standard and its U.S. subsidiaries filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in August, 2009. The Company's Canadian subsidiary, Cooper-Standard Automotive Canada Limited, also sought relief under the Companies' Creditors Arrangement Act in ...
新闻 2010/05/12 更新
Recticel announced that the US Bankruptcy Court has approved a restructuring plan of its US subsidiaries - Recticel Interiors North America (RINA) and Recticel Urepp North America (RUNA) - clearing the way for them to exit from Chapter 11 after roughly six months. (From a press release on April 14, 2010) ...
新闻 2010/04/14 更新
Cooper-Standard announced that it has entered into an Equity Commitment Agreement with its creditors, providing for 245 million USD to fund the Plan of Reorganization. This equity investment and filing the Plan are steps that pave the way for the company's emergence from Chapter 11 bankruptcy protection. (From a press release on February 2, 2010)...
新闻 2010/02/02 更新
ories Co., Ltd.'s (Plastal's) shares and capital held by Gaoxin. Changchun Plastal was originally established as a joint-venture company between the Plastal Group of Sweden and Gaoxin in September 2005. The Plastal Group, however, withdrew from the joint-venture in March 2009 after it had filed for bankruptcy. After the shares and capital have been transferred, Changchun Plastal will become a joint-venture company among Changchun Faway, Gaoxin, a...
新闻 2010/01/12 更新