Tier One Auto Supplier

The firm was counsel to a “tier one” automotive supplier (the identity of which cannot be disclosed) that manufactured and sold products to nearly all major global OEMs including General Motors, Ford Motor Company, Toyota Group, Volkswagen Group, and Chrysler Corporation. The company was comprised of over 30 corporate entities incorporated and/or located in 10 countries with more than $500 million in annual revenues. The company, which employed over 7,000 employees worldwide, avoided bankruptcy by closing a sale outside of chapter 11.