Visteon Corporation (VC): Well...the appeal court's decision means...

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Re: Gileon7 post# 6746

Wednesday, 07/14/2010 9:32:21 AM

Wednesday, July 14, 2010 9:32:21 AM

Well...the appeal court's decision means that the current POR can NOT and will NOT be confirmed...Everyone has to go back to the negotiation table and strat it over again...Because the current POR did not include the retirees benefits as its liabilities...the BOD rode off already...

Plus the overturn by the appeal court basically put the spot light on the BK judge...He would probably think twice when he rules again in the Visteon case...

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