avoidance action

Beginning on October 28, 2008,  Dura Automotive Systems filed approximately 170 avoidance actions pursuant to section 547(b) of the United States Bankruptcy Code.  Dura Automotive, along with its related entities, filed for bankruptcy in the United States Bankruptcy Court for the District of Delaware on October 30, 2006.  The Debtors filed an initial plan of reorganization in August of 2007, however, a revised joint plan was not confirmed until May of 2008. Continue Reading Dura Automotive Systems Commences Preference Actions