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Lear Corporation
Case Number:
1:09-bk-14326
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Sectors & Industries:
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February 10, 2012
Lear Still Must Face Bid-Rigging MDL After Ch. 11: Judge
A New York bankruptcy judge on Friday agreed to allow potential antitrust class actions against once-bankrupt automotive supplier Lear Corp. to proceed, but only allowed the plaintiffs to file claims based on alleged conduct that occurred after Lear exited bankruptcy.
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December 16, 2011
Lear Says Ch. 11 Case Should Block Bid-Rigging Suits
Lear Corp. on Friday defended its move to escape potentially massive antitrust litigation, telling a New York bankruptcy judge that the reorganized company's brief stint in Chapter 11 protection should shield it from dozens of class actions.