A bill that would restore the full pensions to thousands of former salaried employees at auto parts supplier Delphi appears to be headed to the floor of the U.S. House floor for a vote next week after ...
Delphi Corp. has rebuffed a request from a hedge fund that owns 9.3 percent of the company’s shares to create a formal shareholders committee. Troy-based Delphi, which is in Chapter 11 bankruptcy, ...
Dec. 23—A last-ditch effort to advance a bill restoring the pensions of Delphi salaried retirees fell flat late Thursday. The House Rules Committee did not rule in a bill amendment for inclusion in ...
While the appointment of a creditors’ committee is required in every chapter 11 case, equity committees are not.[FOOTNOTE 1] In fact, they “should be the rare exception.”[FOOTNOTE 2] Yet, recently, in ...
Simply sign up to the US & Canadian companies myFT Digest -- delivered directly to your inbox. Two of Delphi’s largest creditors, including the federal agency that insures defined pension benefits, on ...
NEW YORK (Reuters) - Bankrupt auto parts maker Delphi Corp received court approval on Thursday to extend the deadline to reach agreement with the U.S. Treasury Department and other parties regarding ...
NEW YORK, April 14 (Reuters) - Bankrupt auto parts supplier Delphi Corp is seeking court approval to disband its committee of equity securities holders, according to court filings. Sign up here.
WASHINGTON -- Delphi retirees facing steep pension cuts sought restitution from Congress on Thursday, telling a Senate Committee their treatment by General Motors, Delphi and the federal government ...
A last-ditch effort to advance a bill restoring the pensions of Delphi salaried retirees fell flat late Thursday. The House Rules Committee did not rule in a bill amendment for inclusion in the final ...