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Published on 7/16/2009 in the Prospect News Distressed Debt Daily.

Visteon interim cash collateral access extended by court to July 28

By Jennifer Lanning Drey

Portland, Ore., July 16 - Visteon Corp.'s interim court approval to use cash collateral to continue operations was extended to July 28, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.

The final hearing will also be held on July 28.

Visteon, a Van Buren Township, Mich., global automotive supplier, filed for bankruptcy on May 28. Its Chapter 11 case number is 09-11726.


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