Nov 15 2006 | 10:03am ET
Hedge funds claiming control of most of Dura Automotive System’s second-lien debt are crying foul at the Detroit auto-parts supplier’s debt refinancing plan.
Dura, which filed for bankruptcy protecting last month, has proposed a $300 million debtor-in-possession financing plan to pay off $125 million in first-lien debt, leaving it with about $175 million in financing.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…