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Dura Amends Reorganization Plan

Law360 (October 1, 2007, 12:00 AM EDT) -- Dura Automotive Systems Inc. has filed an amended disclosure statement and an amended reorganization plan in its Chapter 11 bankruptcy proceedings in order to account for its creditors' committee's newfound support.

The disclosure statement and reorganization plan, which were filed Friday in the U.S. Bankruptcy Court for the District of Delaware, also outline a new structural mechanism to help guarantee that the beleaguered auto parts maker will emerge from Chapter 11 bankruptcy as a private entity.

The reorganization plan's primary change was the introduction of a...
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