Dura Automotive files for Chapter 11 bankruptcy

Financier Lynn Tilton, who serves as CEO Dura Automotive, committed $77 million of investment in the supplier as it files for Chapter 11 bankruptcy. (JOE WILSSENS)

By:

Crain's Detroit Business

October 17, 2019 12:17 PM

Dura Automotive Systems LLC has filed for Chapter 11 bankruptcy with its owner and financier Lynn Tilton committing $77 million of debtor-in-possession financing to keep the auto supplier afloat.

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