Automotive News - March 24, 2008 - (Page 52)

52 • MARCH 24, 2008 CLASSIFIEDS 800-388-1800 AUTO PEOPLE LEGAL SERVICES Unjust Factory Terminations Injunctions Obtained Nationwide No Fees Unless Successful Related Factory Disputes/Pressure, Buy-Sells Nationwide Leonard A. Bellavia, Esq. • Chairperson, Litigation Section of the National Association of Dealer Counsel • Chairperson, Automotive Franchise Law Section of NYS Bar Association • Exclusively endorsed law firm of the Marine Retailers Association of America Liberatore looks beyond Daimler Harry Stoffer hstoffer@crain.com Alvaro de Molina has been GMAC’s COO since August. The first phone call for over 3,500 dealers nationwide 516 - 873 -3000 - www.DealerLaw.Com DEALER SERVICES DEALERSHIP VALUATION / Succession Planning / BuySell Consulting / Profit Improvement / Litigation Support/ Internal Control Review / Tax Strategies. The DeValk Associates, Ltd., CPAs & Consultants. 847-255-1887. LEGAL NOTICE IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE ) In re ) Chapter 11 DURA AUTOMOTIVE Case No. 06-11202 (KJC) SYSTEMS, INC., et al.,1 ) Jointly Administered ) Debtors. Hearing Date: April 3, 2008 at 2:30 p.m. ET Objections Due: March 28, 2008 at 4:00 p.m. ET NOTICE OF (A) DISCLOSURE STATEMENT HEARING, AND (B) OBJECTION DEADLINES DISCLOSURE STATEMENT HEARING. Please take notice that on March 13, 2008, the Debtors ﬁled a Revised Disclosure Statement (as amended from time to time and including all exhibits and supplements, the “Revised Disclosure Statement”) for their Revised Joint Plan of Reorganization Pursuant to Chapter 11 of the United States Bankruptcy Code (as amended from time to time and including all exhibits and supplements, the “Revised Plan”). A hearing on the Debtors’ Revised Disclosure Statement pursuant to section 1125 of the Bankruptcy Code, will commence on April 3, 2008 at 2:30 p.m prevailing Eastern Time, before the Honorable Kevin J. Carey, United States Bankruptcy Judge, located at 824 Market Street, 5th Floor, Courtroom No. 4, Wilmington, Delaware 19801 (the “Revised Disclosure Statement Hearing”). The Revised Disclosure Statement Hearing may be continued from time to time by announcing such continuance in open court or otherwise, without further notice to parties in interest. OBJECTION DEADLINE. Please take notice that March 28, 2008 at 4:00 p.m. prevailing Eastern Time, is the deadline for ﬁling and serving any and all objections and responses regarding the approval of the Revised Disclosure Statement (“Objection Deadline”). The Bankruptcy Court will only consider written objections ﬁled and served by the Objection Deadline that state with particularity the grounds for such objection. Any objections must be served on the following Notice Parties: Debtors: (i) Dura Automotive Systems, Inc., Attn: C. Timothy Trenary, Chief Financial Ofﬁcer, 2791 Research Drive, Rochester Hills, MI 48309; Counsel to the Debtors and Debtors in Possession: (ii) Richards Layton & Finger, P.A., Attn: Daniel J. DeFranceschi, Jason M. Madron, One Rodney Square, 920 North King Street, Wilmington, DE 19801; (iii) Kirkland & Ellis LLP, Attn: Marc Kieselstein, P.C., Roger J. Higgins, 200 East Randolph Drive, Chicago, IL 60601-6636; United States Trustee: (iv) Kelly Beaudin Stapleton, Andrew R. Vara, William K. Harrington, Ofﬁce of the United States Trustee, 844 King St Room 2207, Lockbox 35, Wilmington, DE 198990035; Counsel to the Creditors’ Committee: (v) Young Conaway Stargatt & Taylor, LLP, Attn: M. Blake Cleary, Edmon Morton, The Brandywine Building, 1000 West Street, 17th Floor, PO Box 391, Wilmington, DE 198990391; (vi) Kramer Levin Naftalis & Frankel LLP, Attn: Thomas M. Mayer, Douglas Mannal, 1177 Avenue of the Americas, New York, NY 10036; Counsel to the Bank of New York Trust Company, N.A. as Indenture Trustee for the Senior Notes: (vii) Willkie Farr & Gallagher LLP, Attn: Tonny K. Ho, 787 Seventh Avenue, New York, NY 10019; Counsel to the Debtor-in-Possession Lender: (viii) Schulte, Roth & Zabel LLP, Attn: Lawrence Gelber, 919 Third Avenue, New York, NY 10022; (ix) Winston & Strawn, Attn: Carey Schreiber, 200 Park Avenue, New York, NY 10166-8193; Debtors’ Claims and Solicitation Agent: (x) Kurtzman Carson Consultants LLC, 2335 Alaska Avenue, El Segundo, CA 90245; Counsel to the Second Lien Group: (xi) Potter Anderson & Corroon LLP, Attn: Laurie Selber Silverstein, Hercules Plaza, 6th Floor, 1313 North Market Street, Wilmington, DE 19801; (xii) Bracewell & Giuliani, Attn: Evan D. Flaschen, Kurt A. Mayr II, One Goodwin Square, 225 Asylum Street, 26th Floor, Hartford, CT 06103; Counsel to the Administrative Agent to the 2nd Lien Lenders: (xiii) Morgan, Lewis & Bockius LLP, Attn: Andrew D. Gottfried, Edward S. Hornstein, 101 Park Avenue, New York, NY 10178-0060. THE DEBTORS’ REVISED DISCLOSURE STATEMENT, REVISED PLAN, REVISED PLAN SUPPLEMENT, SCHEDULING AND DISCLOSURE STATEMENT ORDER AND OTHER MATERIALS IN DEBTORS’ REVISED SOLICITATION PACKAGE (EXCLUDING BALLOTS) ARE AVAILABLE FOR VIEWING BY ACCESSING THE DEBTORS’ WEBSITE AT HTTP// DURA.KCCLLC.NET/DURA OR BY CONTACTING THE DEBTORS’ CLAIMS AND SOLICITATION AGENT IN WRITING AT DURA AUTOMOTIVE SYSTEMS, INC., C/O KURTZMAN CARSON CONSULTANTS LLC, 2335 ALASKA AVENUE, EL SEGUNDO, CA 90245, OR BY SENDING AN EMAIL TO DURAINFO@KCCLLC. COM, OR CALLING (800) 820-0985. Respectfully submitted, KIRKLAND & ELLIS, LLP RICHARDS, LAYTON & Marc Kieselstein, P.C. FINGER, P.A. Roger J. Higgins Daniel J. DeFranceschi (Bar Ryan Blaine Bennett No. 2732), Jason M. Madron 200 East Randolph Drive (Bar No. 4431) Chicago, IL 60601 One Rodney Square Telephone: 920 North King Street (312) 861-2000 Wilmington, DE 19801 Telephone: (302) 651-7700 COUNSEL FOR THE DEBTORS AND DEBTORS IN POSSESSION 1 The “Debtors” comprise the entities set forth in the order entered by the Court on October 31, 2006, jointly administering these cases pursuant to Rule 1015(b) of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”). LoanMaker® NEW version for Palm Handhelds Retail Loans & Leases Fast, Accurate & Easyto-Use, Free Demo 800 843 7766 www.leasemaker.com lm Pa S O WASHINGTON — Robert Liberatore is leaving. But he’s not going away. Liberatore, one of the auto industry’s most seasoned government affairs executives, is retiring as Daimler AG’s group senior vice president of global external affairs and public policy. The move ends a 23-year tenure that placed Liberatore at the side of larger-than-life industry figures, from Chrysler Corp. CEO Lee Iacocca in the late 1980s to Daimler AG CEO Dieter Zetsche today. Liberatore helped organize industry campaigns against sharply higher fuel economy standards. He led industry supporters of the North American Free Trade Agreement, which reduced trade barriers separating the United States, Canada and Mexico. At the end of March, Liberatore, 58, is to become a senior fellow at the German Marshall Fund, a Washington think tank that works on transAtlantic issues. In an interview last week, he left the door open to other possibilities. Liberatore is a director of the National Democratic Institute, an organization tied to the Democratic Party that promotes democracy overseas. He will help guide an institute delegation to the Democratic National Convention this summer. Policies developed during President Robert Liberatore is joining a Washington think tank but is leaving the door open to other possibilities. Bill Clinton’s administration fostered the last “golden era” for U.S. automakers, Liberatore told Automotive News. He supports the presidential candidacy of Sen. Hillary Clinton, D-N.Y. Liberatore said “nobody’s asked me” to accept an executive branch position in the next administration, but he acknowledged interest. He was a top staffer for Sen. Robert Byrd, DW.Va., before joining Chrysler in 1985. In 1992, Liberatore became chief Washington lobbyist for the former Chrysler Corp. He served in the same role for the former DaimlerChrysler before he took on global duties for the company in 2003. Liberatore was one of the top-ranking Americans to stay with Daimler last year when the German automaker split from Chrysler LLC. No strains at Daimler AG led to his retirement, he said. “This was very much my decision,” Liberatore said. At Daimler AG, Dieter Spoeri will succeed Liberatore on an interim basis. c Molina gets the top job at GMAC Ryan Beene rbeene@crain.com Auto Hall of Fame will induct 8 DETROIT — Eight automotive history makers will be inducted into the Automotive Hall of Fame Oct. 7 at the Ritz-Carlton in Dearborn, Mich. The inductees represent the full range of the automotive industry, from the manufacturing side to reporting automotive news. They are: Paul Galvin — Motorola co-founder. Robert Galvin — Former CEO of Motorola. Phil Hill — First American to win the Formula One World Drivers Championship. Bob Irvin — Legendary automotive journalist with The Detroit News, Automotive News and AutoWeek. William Metzger — First car dealer Bob Irvin covered the auto industry for The Detroit News, Automotive News and AutoWeek. with E-M-F Motor Co. Mort Schwartz — Founder of the Global Automotive Aftermarket Symposium. John “Jack” Telnack — Former head of design at Ford Motor Co. John North Willys — Automotive pioneer with Willys-Overland and Willys-Knight. c Toll Free 877-830-3309 -Int'l: 864-232-1406 Call Doumis or Perry at Chapman Enterprise www.chapmanenterprise.com We accept all Major Credit Cards Automobile Display Ramps Since 1976 OVERSTOCKED!!! Great Prices on all types of New & Used Key Control Systems Call: Steve D. Singleton Security Key Systems, Inc. www.securitykeysystems.com BUSINESS OPPORTUNITIES 800.887.0258 DETROIT — GMAC Financial Services has installed a new CEO as it struggles with losses stemming from the hard-hit residential mortgage market. Alvaro de Molina, former CFO of Bank of America, was named GMAC’s CEO, effective April 1. He will replace Eric Feldstein, 48, who will move to Cerberus Capital Management LP as an ad http://www.DealerLaw.Com http://www.DealerLaw.Com http://www.mars4u.com http://www.mars4u.com http://www.leasemaker.com http://www.leasemaker.com http://www.chapmanenterprise.com http://DURA.KCCLLC.NET/DURA http://www.securitykeysystems.com http://www.DLW-Enterprises.com http://L-master.com

Table of Contents Feed for the Digital Edition of Automotive News - March 24, 2008

Ford lists 6 to succeed Mulally GM pushes luxury superstores Industry straps in for rough ride Bob Irvin is a worthy addition to Hall of Fame Debate at Scion: How to grow Ford moves executives in Asia to new jobs CEO of lanelogic: We're still here Kia's N.Y. duo Chrysler's exec trio: Reports of friction mostly fiction Where others see gloom, Honda chief sees boom in U.S. Fukui: Nickel battery is best bet for hybrid Beijing conference explores key issues in China market Planworks keeps its role as buyer for GM ads Lincoln: MKS will make up for brand's slow start in '08 Deal's no big deal: Styling top reason to buy GM Penske's Smart start: He'd like 15,000 more Dodge's pitch for Challenger: A halo that you can afford Chrysler plans 'We listen' ads You go, Bob With zest, activist Ditlow remains on lemon patrol Autos did the job after 9/11; don't bet on that now Chinese cars? Dealer beware Solar power is the only answer Where will we get power for the Volt? Want higher CAFE? First, do this In N. California, hybrids are hot Detroit 3 can learn from the Marlboro Man The Prius is a phenomenon Wait 3 years, then judge Ford How many Jeeps will India buy? Lithia looks into improper sales reports at dealerships AutoNation's lead shrinks as largest U.S. dealer group Honda ad agency creates unit to build Acura brand Study: Consistent theme in auto ads builds viewer recall Big-truck sales continue slide in Feb. -- off 27.1% MazdaSpeed revs up racing accessory sales Calif. company eyes electric charging stations for Volt, Vue Indictment: Bribe scheme cost GM $83.3 million The greening of Toyota dealerships 6 more finalists in race for PACE recognition Tenneco expands Japanese work, seeks more Bosch buys diagnostic equipment firm in China JV will design vehicle platforms Citation moves headquarters NxtGen tests emissions system VW stake may help Porsche on fuel economy rules Chrysler's Project Genesis wins over Ore. dealer Germany, new EU members send up European sales Saturn will choose store system soon VW thinks modular for flexibility at auto plants Automakers eager as axles turn high-tech Talking drivetrains with American Axle Dollar halts U.S. retail sales of Audi Q7 hybrid Hyundai: Genesis Coupe offers more go for dough Maxima's target: Luxury Euro makes Pontiac adds 3 sporty variants Outsider Elmer Johnson shook up GM Importer Yanase was Hall of Fame member Obituaries Redesigned TSX has many Acura firsts Dealers Certified sales up 7.5% in Feb.; Audi leads the way eBay's new Web site has new look, more features Big pickups and SUVs lead plunge in used-vehicle prices Ex-Reynolds CEO O'Neill joins J.D. Power Auto Hall of Fame will induct 8 Liberatore looks beyond Daimler Molina gets the top job at GMAC F&I pioneer Pat Ryan to retire from Aon Study: Hydrogen research worth the cost Gulf States trial halted As yuan rises, so do prices of Chinese parts Personnel exec Laymon: Ford still seeking outside talent GE gives supplier credit Dana CEO wants Asian growth Tesla launches production Todt steps down as Ferrari CEO Union pursues Toyota effort Chrysler offers spiffs for military Land Rover ads focus on heritage Mark Rechtin Fresh heir: To turn green, must BMW create brand? GM ponders mini-muscle Camaro New Ford ads coming in April With a spiffier image, Lincoln would rock abroad Rival says Nardelli's OK Ford hails its cab, but mpg is an issue

Automotive News - March 24, 2008

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