The Budd Company, Inc.

  1. May 09, 2016

    Budd Co. Nears Ch. 11 Exit With Disclosure OK

    An Illinois bankruptcy judge on Friday approved The Budd Co. Inc.'s disclosure for the auto parts maker's Chapter 11 reorganization plan and the creditor voting process, after finding the creditors have been adequately informed of the plan terms.

  2. April 04, 2016

    Union Settles Objections To Auto-Parts Maker's Ch. 11 Plan

    The United Auto Workers union told an Illinois bankruptcy court Friday that it has reached a preliminary deal resolving its objections to a bankrupt auto-parts maker's reorganization plan, which the union had called unfair because it didn't properly give advantage to UAW retirees.

  3. December 18, 2015

    Bankrupt Auto-Parts Maker Defends Retiree Health Plan

    A bankrupt auto-parts maker asked an Illinois federal bankruptcy court Thursday to approve its health insurance plan for retirees over the objections of the United Auto Workers union.

  4. April 02, 2014

    Bankrupt Budd Co. Says $390M Deal Protects 10K Retirees

    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.

  5. March 31, 2014

    Auto-Parts Maker Budd Co. Hits Ch. 11 With $1B In Liabilities

    Auto-parts manufacturer the Budd Co. Inc. filed for Chapter 11 bankruptcy protection in Illinois federal bankruptcy court Monday, listing between $100 million and $500 million in assets and more than $1 billion in liabilities.