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Visteon Corporation

The firm served as bankruptcy cocounsel representing Visteon Corporation, a Fortune 500 global supplier of automotive systems, modules, and components to nearly every major vehicle manufacturer in the world, in its chapter 11 reorganization. At the time of filing, Visteon Corporation and its affiliates had a workforce of approximately 30,033 employees and a network of manufacturing sites, technical centers, sales offices, and joint ventures located in every major geographic region of the world. Located in 27 countries, Visteon reported $9.5 billion in revenue in 2008 with approximately 31,000 employees. Pursuant to its confirmed plan, Visteon reduced its funded debt by over $2 billion dollars.