![[45742] *R.e.a.d# #O.n.l.i.n.e~ Examining the Delphi Bankruptcy's Impact on Workers and Retirees - U.S. Congress %P.D.F!](images/1514947721l_36925525.jpg)
Examining the Delphi bankruptcy's impact on workers and retirees: hearing before the Subcommittee on Health, Employment, Labor, and Pensions, Committee on Education and Labor, U.S. House of Representatives, One Hundred Eleventh Congress, first session, hearing held in Washington, DC, December 2, 2009.
| Title | : | Examining the Delphi Bankruptcy's Impact on Workers and Retirees |
| Author | : | U.S. Congress |
| Language | : | en |
| Rating | : | 4.90 out of 5 stars |
| Type | : | PDF, ePub, Kindle |
| Uploaded | : | Apr 15, 2021 |
| Book code | : | 45742 |
45742] !D.o.w.n.l.o.a.d! Examining the Delphi Bankruptcy's Impact on Workers and Retirees - U.S. Congress ^P.D.F~
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Bankruptcy cases often drag on far longer than anticipated, slowed by unexpected obstacles to reorganization.
Bankruptcy judges are given a lot of leeway to decide what is in the best interest of all parties in a bankruptcy case. Is the fate of delphi, the giant supplier of auto parts that has been in bankruptcy for more than three years.
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Retirees claim pbgc improperly terminated the plans through an agreement with delphi and general motors following delphi’s 2005 bankruptcy filing.
Bruce filed for bankruptcy in april 2017 and wells fargo foreclosed on his home in august 2017 (note: the delphi murders occurred on february 13, 2017 and investigators have theorized the perpetrator may have been under personal stress at the time of the attacks).
Box 2236 wichita kansas 67201 11 6232/7/10 delphi 3 6232/2/7 delphi bods family trust.
In some of the highest-profile matters before him, he has done what the companies seeking bankruptcy protection asked. Over some objections, he approved delphi’s restructuring in 2009 in a way that would keep it operating with new owners; shutting it down could have brought production at its largest customer, general motors, to a virtual halt.
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Bankruptcy judges are given a lot of leeway to decide what is in the best interest of all parties in a bankruptcy case. Is the fate of delphi the giant supplier of auto parts that has been in bankruptcy for more than three years.
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Itor, examining the timeliness of the pay-ments under the terms of the invoices generated by the creditor or by examining the similarity or deviance of the alleged preferential transfer to or from prior trans-actions between the debtor and the pre-ferred creditor. Alternatively, the creditor may show that the payments are within industry standards.
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's recent reorganization bankruptcy has so many zeroes that it's hard to find the people underneath. Delphi, an auto supplier with a plant in limestone county, owes its creditors $22 billion.
The delphi corporation was a global supplier of mobile electronics and transportation systems that began as part of gm and was spun off in 1999. Delphi filed for bankruptcy in 2005, and in july 2009, pbgc terminated delphi's six defined benefit pension plans and assumed trusteeship of the plans.
20,000 members of delphi’s salaried, non-unionized workforce, including appellants dennis black, charles cunningham, and kenneth hollis (“retirees”). In 2005, delphi filed a voluntary petition for chapter 11 bankruptcy. As a result, delphi stopped paying the required contributions to its pension plans, including the salaried plan.
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