Elm Analytics - Automotive Supply Chain Risk Digest #140 - October 11 - 17, 2019
automotive-risk-digest.elmanalytics.com
BANKRUPTCY Dura Automotive Systems has filed for Chapter 11 Bankruptcy. The supplier has obtained a commitment from an entity controlled by CEO Lynn Tilton for a $77m investment towards its restructuring. This financing will fund Dura's ongoing business operations and capital expenditures for future platforms.
Elm Analytics - Automotive Supply Chain Risk Digest #140 - October 11 - 17, 2019
Elm Analytics - Automotive Supply Chain Risk…
Elm Analytics - Automotive Supply Chain Risk Digest #140 - October 11 - 17, 2019
BANKRUPTCY Dura Automotive Systems has filed for Chapter 11 Bankruptcy. The supplier has obtained a commitment from an entity controlled by CEO Lynn Tilton for a $77m investment towards its restructuring. This financing will fund Dura's ongoing business operations and capital expenditures for future platforms.