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11 May 2010, 10:39 pm by Randall Reese
Four Valeo entities (Valeo Climate Control Corp., Valeo Electrical Systems, Inc., Valeo, Inc. and Valeo Schalter und Sensoren GmbH) asked the Southern District of New York bankruptcy court today to dismiss with prejudice an adversary complaint filed by Delphi Corporation (now known as DPH Holdings Corp.) seeking recovery of approximately $19.5 million in allegedly preferential transfers made in mid-2005. [read post]