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Protecting yourself from automotive industry reorganization efforts

Porter Wright Morris & Arthur LLP

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USA May 6 2009

The Chapter 11 bankruptcy filing by Chrysler, LLC and its affiliates, as well as General Motors' struggle to reach an out-of-court reorganization with its creditors, is likely to create a ripple effect that could cause all tiers of the automotive supply chain as well as businesses connected to the supply chain to stretch payables or seek their own bankruptcy protection.


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Filed under

  • USA
  • Insolvency & Restructuring
  • Porter Wright Morris & Arthur LLP

Topics

  • Bankruptcy
  • Limited liability company
  • Supply chain

Organisations

  • General Motors
  • Chrysler

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