Automotive parts supplier Lear Corp. says it is preparing to file for Chapter 11 bankruptcy protection and has lined up support from its creditors for a restructuring plan.
Lear files for bankruptcy protection
Struggling automotive parts supplier Lear Corp. filed for Chapter 11 bankruptcy protection on Tuesday after receiving the support it needed from lenders and bondholders.
Another Obama-Backed Company Goes Bankrupt
The parent company of an electric car battery maker that received a $118 million grant from the Obama administration filed for Chapter 11 bankruptcy protection on Thursday.
Quiznos eyes possible Ch. 11 bankruptcy protection
Quiznos says a majority of its creditors have agreed to a plan by the restaurant chain to restructure or pay off some $875 million in debt, but it may yet file for Chapter 11 bankruptcy...
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