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By Maria Chutchian1 Min ReadAuto parts maker Garrett Motion Inc is headed to mediation wit...

Garrett Motion looks to bankruptcy mediation with equity group – Reuters

By Maria Chutchian1 Min ReadAuto parts maker Garrett Motion Inc is headed to mediation with equity holders who are angling for a larger share of the company through its reorganization in bankruptcy court.Lawyers for the company, represented by Sullivan & Cromwell, and its official equity committee, represented by Glenn Agre Bergman & Fuentes, told U.S. Bankruptcy Judge Michael Wiles in Manhattan on Monday that despite negotiations that occurred over the weekend, the parties were not able to reach a deal …

 

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