Visteon's Impact On Debtors' Ability To Cancel Benefits

Law360 (August 20, 2010, 3:15 PM EDT) -- As companies struggle to survive in a distressed economy, one of the main drags on earnings and profitability are the enormous unfunded legacy costs to employees and retirees. Escalating legacy costs attributable to employee pension plans and retiree benefits — primarily agreements to provide health insurance — have been identified as a precipitating factor in numerous high-profile Chapter 11 cases as companies seek to reap the benefits of the Bankruptcy Code to reduce or eliminate those liabilities from their balance sheets....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!