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1Auto Parts Supplier Lear, Filing For Bankruptcy 1 Citation Thursday July 2, 2009 Navivest Auto parts supplier Lear Corporation (LEA) announced on Wednesday evening, that it will be filing for Chapter 11 bankruptcy protection. To that end, the company has secured $500 million from a group of lenders that include JP Morgan Chase (JPM) and Citigroup (C) that the company plans to use to fund operations while it is in bankruptcy. The company also announced that it is in talks with its creditors to secure support for the bankruptcy plan., technorati.com
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Morning Movers 7/2: ELN, QUIK, ESLR Higher; DSCO, LEA, SEPR, ILM... 1 Citation Discovery Laboratories (Nasdaq: DSCO) 53% LOWER; learned that the FDA will now apply a newly-defined standard to determine whether Discovery Labs has adequately demonstrated comparability of Surfaxin clinical to commercial drug product. This new standard represents a significant hurdle for approval of Surfaxin. Lear Corporation (NYSE: LEA) 22% LOWER; NYSE Regulation has determined that the common stock of Lear Corporation (NYSE: LEA) should be suspended immediately, saying it is no longer suitab, technorati.com
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Automotive dominoes: As goes GM, so goes Lear ... 1 Citation Filed under: Company News On Wednesday, Lear Corp. ( LEA ) announced that it has filed for Chapter 11. This bankruptcy is supported by key lenders and bondholders; Lear has secured $500 million in debtor-in-possession financing from its creditors, including JP Morgan Chase and Citigroup. Lear, a Fortune 500 company that supplies auto seats , car interiors and electrical components, is the 11th largest global parts supplier and the second largest automotive seat manufacturer. It is also, technorati.com
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1 Citation A recently posted YouTube video shows church members in southern Connecticut performing an exorcism on a 16-year-old boy in order to remove the ? homosexual demons ? from his body. The video is horrifying to watch ? the church audience screams at the supposed evil spirits as the boy convulses on the ground. The logic and belief set behind this act are so far beyond my comprehension that it defies comment. What I do find compelling, however, is the church?s response to the, technorati.com
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?The Last Lear? Press Conference 1 Citation Easy AdSense by UnrealClick Here To Watch, technorati.com
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1 Citation Shakespeare en calle Corrientes El sábado 18 de julio será inaugurado el Nuevo Teatro Apolo (Avenida Corrientes 1372) con una nueva versión del clásico de William Shakespeare Rey Lear. Con dirección de Rubén Szuchmacher, el elenco principal de la obra estará integrado por Alfredo Alcón, Joaquín Furriel, Juan Gil Navarro y Roberto Carnaghi. Así, Alcón cumplirá el sueño de encarnar al Rey Lear en una serie de funciones urdidas por la producción conjunta de Pablo Kompel y Adrián Suar. Fuente: P, technorati.com
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Lear intends filing for bankruptcy; working out debtor-in-possession financing 1 Citation Lear_Corp.jpg The slump in global auto sales has yet another victim ? the Southfield, Michigan-based car parts? maker, Lear Corp.! The company said on Wednesday that it intends filing for Chapter 11 bankruptcy for its US and Canadian units, as well as restructuring its debt under court supervision. read more, technorati.com
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1 Citation Asia stocks cling to gains Auto supplier Lear to file for bankruptcy , obtains financing DETROIT (Reuters) - Auto seating supplier Lear Corp said on Wednesday it would file for Chapter 11 in a reorganization supported by key secured lenders and bondholders and had obtained $500 million in bankruptcy financing. Lear, which had been in talks with its lenders over the past month, said its board had approved a bankruptcy filing as the "fastest and most effective way" to reduce debt in the fa, technorati.com
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Lear, the Auto Parts Maker, Files Chapter 11 1 Citation The maker of car seats, the Lear Corporation , said on Wednesday that it would file for bankruptcy protection in a reorganization supported by crucial secured lenders and bondholders and that it had obtained $500 million in bankruptcy financing., technorati.com
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1 Citation n what many are calling ? India ?s Stonewall ?, the New Delhi High Court on Thursday decriminalized homosexual intercourse between consenting adults , by striking down section 377 of the Indian Penal Code . This law labels gay sex to be an ?unnatural offense?, punishable with up to ten years in prison. Drafted in 1860, this Colonial- era law was brought into effect by the British, and was in line with similar anti- homosexuality legislation passed in England at the time. In t, technorati.com
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