Oxford Automotive is considering selling some or all of its North American assets as part of a massive restructuring that includes a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code. The filing includes Oxford's 11 U.S. subsidiaries. To ensure continued liquidity through the reorganization, Oxford secures a debtor-in-possession financing package with certain lenders. Oxford CEO David Treadwell says he expects manufacturing operations to continue without ...
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