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Delphi says the plan is necessary to keep its executive team in place during the bankruptcy process. Krell said the UAW was encouraging its 23 Delphi local unions to hold informational pickets.
NEW YORK -- The judge overseeing Delphi Corp.'s bankruptcy case ended Wednesday's court action without a ruling, but did indicate that he will approve the auto supplier's plan to hand control of ...
Delphi Corp. <DPHIQ.PK> said on Wednesday it accepted a new proposal for lead investor Appaloosa Management and others to invest up to $2.55 billion in Delphi equity in a deal intended to support ...
However, a key element of the Delphi restructuring plan is focusing on its "core strategic product lines" while selling off its non-core product lines and plants. Skip to main content.
Bankrupt auto parts maker Delphi Corp <DPHIQ.PK> said on Wednesday it would file potential amendments to its reorganization plan that have been agreed to by former parent General Motors Corp <;GM ...
As Delphi Corp. moves on a fast track to emerge from Chapter 11 bankruptcy, some former salaried employees of the auto-parts maker are feeling left in the dust. That's because under Delphi's plan ...
Delphi Corp., the auto-parts maker once owned by General Motors Corp., won a federal judge's approval of its reorganization plan, allowing it to emerge from bankruptcy by the end of next month.
Delphi, which in October filed the biggest bankruptcy protection case in US car sector history, now has until 5 August to file its turnaround plan. However, Delphi is likely to seek more extensions, ...
CALGARY, Alberta, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce that, at creditors’ meetings (the “Meetings”) held today ...
Highland Capital Management LP proposed a refinancing plan worth up to $4.7 billion to Delphi Corp.’s board on Thursday, competing with a plan already accepted by the nation’s largest auto ...
A federal judge has approved Delphi Corp.'s plan to emerge from Chapter 11 bankruptcy, a plan that will shift operation of Delphi Saginaw Steering Systems back to General Motors Co. "We are ...