Dura Automotive Systems, LLC – Court Approves Bidding Procedures, Now Absent a Stalking Horse Role for Lynn Tilton, and Schedules February 11th Sale Hearing

November 19, 2019 – The Court hearing the Dura Automotive Systems cases issued an order (i) approving bidding procedures in respect of a sale of substantially all the Debtors’ assets, including in respect of bid protections and credit bidding, and (ii) scheduling an auction/sale timetable culminating with an auction, if necessary, on January 27, 2020…