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National Press Release
![]() | Hayes Lemmerz International, Inc. Receives Final Court Approval of Postpetition Secured Financing, Setting of Bar Date and Other MattersPublished 2009-06-15 14:00By Hayes Lemmerz International, Inc. |


Among other things, the Bankruptcy Court authorized the Company to obtain postpetition secured financing of up to
The Bankruptcy Court granted authorization for the Company to pay prepetition employee obligations, continue employee benefit programs postpetition and honor workers' compensation obligations. The Company also received authorization to continue to pay the prepetition invoices of essential vendors, certain prepetition shipping, warehousing and import obligations and certain contractors' liens.
The Bankruptcy Court also issued a final "503(b)(9)" order confirming the grant of administrative expense status to prepetition deliveries of goods within 20 days of the Company's
As announced on
About Hayes Lemmerz International, Inc.
Originally founded in 1908, Hayes Lemmerz International, Inc. is a leading worldwide producer of aluminum and steel wheels for passenger cars and light trucks and of steel wheels for commercial trucks and trailers. The Company is also a supplier of automotive powertrain components. The Company has global operations with 23 facilities, including business, sales offices and manufacturing facilities, located in 12 countries around the world. The Company sells products to every major North American, Asian and European manufacturer of passenger cars and light trucks and to commercial highway vehicle customers throughout the world.
SOURCE Hayes Lemmerz International, Inc.








