Dura Automotive files reorganization plan

Aug 23, 2007 | 01:27 PM | Philip Burgert

Parts manufacturer Dura Automotive Systems Inc., Rochester Hills, Mich., has filed a plan of reorganization and a disclosure statement with the U.S. Bankruptcy Court in Wilmington, Del.

Executives said the filing provides details on how the company intends to treat claims of more than $1.3 billion and emerge from Chapter 11 by the fourth quarter. ....

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