The automotive industry is currently one of
the most active in the insolvency field. With the recent chapter 11 filings
by Collins & Aikman, Delphi, Meridian,
and Tower Automotive, as well as numerous ongoing restructurings, this industry
is ripe for change, and, some say, for consolidation.
Over the years, ST&G has represented, and
continues to represent, many players in this industry, including debtors, asset
acquirers, distressed investors and debt traders. With these engagements,
the experts at ST&G have become intimately familiar with all the relevant
issues, including the modification and rejection of collective bargaining
agreements and the termination of pension plans. We can use our expertise and
experience to help you accomplish your objectives, no matter what they are.
Representative Clients and Cases:
- Collins & Aikman – represented major hedge fund / debt trader
- Daewoo Motor America
– represented the US
distributor of Daewoo automobiles in a successful chapter 11 case
- Delphi - represent major hedge fund / debt
trader
- Hayes Lemmerz – represented Apollo Management fund, as holder of
significant debt
|
