November 26, 2013
A Delaware bankruptcy judge on Tuesday gave auto parts maker MSD Performance Inc. the green light for a $78 million sale to a unit of Z Capital Partners LLC, the private equity firm that acquired a majority of MSD's secured debt earlier this year.
October 01, 2013
A Delaware bankruptcy judge on Tuesday approved MSD Performance Inc.'s proposed bid-procedure and cash-collateral motions, allowing the high-performance auto parts maker to pursue a going-concern sale and fund the Chapter 11 process.
September 27, 2013
Unsecured creditors of bankrupt MSD Performance Inc. objected Friday to the auto parts maker's bid to continue using cash collateral to fund its Chapter 11 case, saying that certain provisions in the interim order benefit secured lenders at their expense and should be removed.
September 25, 2013
Bankrupt high-performance auto parts maker MSD Performance Inc., pushed back late Tuesday against a move by senior secured creditors to file their own Chapter 11 debt restructuring plan as an alternative to the going-concern sale that is the debtors' goal.