No quick exit for auto parts manufacturer

By slowing things down and forcing an auction, 'St. Jude's lawyer' won big bucks for his clients.

, The National Law Journal


When Visteon Corp. was spun off from Ford Motor Co. in 2000, the U.S. auto industry was already headed into one of its darkest periods. By May 2009, Visteon, once the nation's No. 2 auto parts manufacturer, had filed for Chapter 11 bankruptcy protection.

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