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Opposition To Dana Deal With Unions Mounts

Law360 (July 20, 2007, 12:00 AM EDT) -- Another Dana Corp. creditor, Brandes Investment Partners LP, has joined the fight against a deal between the bankrupt auto parts maker and its largest unions, the United Steel Workers and the United Auto Workers.

In a motion filed Thursday in the U.S. Bankruptcy Court for the Southern District of New York, Brandes argued that the motion in support of the deals doesn't provide relevant information about anticipated distributions for equity security holders.

In opposing the agreements, Brandes, which was a member of the disbanded official committee...
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