January 5, 2018

Check Engine: Rules of the Road to Navigate Upcoming Auto Distress

Many restructuring professionals may recall that there was a time when automotive distress — rather than retail and oil and gas bankruptcies — grabbed ABI headlines. In 2009, U.S. light vehicle sales hit their low point of 10.4 million units,1 resulting in hundreds of automotive suppliers being restructured in and out of court from 2008-10.

 

Authors

Scott A. Wolfson

Advisor, Wolfson Bolton PLLC
FOLLOW & CONNECT WITH A&M