Law360, New York (June 25, 2009) -- Automotive seating system and interior electronics maker Lear Corp. is reportedly teetering on the edge of bankruptcy, with only days left before it must fork over a $38 million semiannual interest payment on two of its bonds.
The Southfield, Mich.-based company is working on a prepackaged bankruptcy ahead of a Tuesday deadline to make the payments and could file for a traditional bankruptcy as early as next...
