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$390 million
- The Budd Co. Inc. on Monday urged an Illinois federal bankruptcy court to approve a settlement in which Budd shareholder ThyssenKrupp North America's financial arm would pay the bankrupt auto-parts manufacturer $390 million it owes and assume responsibility for Budd's pension plans, protecting its 10,000 retirees.
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Sep 17, 2021 · By Paul Specht October 8, 2021. McCrory tries to connect Budd family, AgriBioTech settlement, and attack ads. If Your Time is short. AgriBioTech repaid a $10 million loan to the Budd family...
Oct 13, 2021 · Former Gov. Pat McCrory accused one of his U.S. Senate opponents, Republican U.S. Rep. Ted Budd, of "ripping off farmers," and suggested Budd used money that was owed to farmers to pay for...
- Marshall Terry
the budd company, inc., ) ) hon. jack b. schmetterer debtor. ) _____) pension benefit guaranty corporation’s statement in support of the debtor’s motion to approve affiliate settlement agreement pursuant to section 105 of the bankruptcy code and rule 9019 of the federal rules of bankruptcy procedure introduction
Sep 7, 2022 · Farmers and creditors ultimately received less than half of their lost earnings in a settlement, in which there was no admission of wrongdoing. The other side: Budd's senior advisor Jonathan Felts told The Washington Post last year that Budd played no role in the company that declared bankruptcy, AgriBioTech.
Law360, San Francisco (April 2, 2014, 5:35 PM EDT) -- The Budd Co. Inc. on Monday urged an Illinois federal bankruptcy court to approve a settlement in which Budd shareholder ThyssenKrupp...
Aug 2, 2018 · Budd was forced to sell his recently acquired Detroit facility and even appealed directly to John Willys, owner of Garford Motors, to make partial settlement on the contract so Budd could save his own company. Willys agreed, and with a $100,000 check effectively saved the Budd Company from entering bankruptcy itself.
Apr 21, 2014 · April 21, 2014 7:49 pm. . C HICAGO (Legal Newsline) – An auto parts manufacturer based in Michigan and named in asbestos lawsuits has filed for the protection under Chapter 11 bankruptcy. The...
