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Garrett Motion's Honeywell Deal Gets Ch. 11 Plan Nod

By Vince Sullivan (April 23, 2021, 5:51 PM EDT) -- Bankrupt vehicle parts manufacturer Garrett Motion Inc. received court approval in New York on Friday for its Chapter 11 plan centered around a $1 billion deal with former parent Honeywell Inc. that addresses legacy asbestos liabilities and gives existing shareholders a significant portion of new equity....

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