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Here are some of the latest bankruptcy stories our reporters have been
covering Monday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider.
Driggs gets cash collateral OK
Bankrupt Driggs Farms of Indiana Inc. can tap the cash it needs to explore a sale of the ice cream and frozen dessert manufacturer. A judge set a final cash collateral hearing for July 11. - Jamie Mason Delphi wants to sell exhaust biz Delphi Corp. said that it is looking for a buyer for its global exhaust business.The Troy, Mich.-based auto parts maker has hired Chicago investment banker Lincoln International LLC to sell the division, which designs and manufactures catalytic converters and exhaust manifolds. - Ben Fidler Kitty Hawk free to liquidate After two bankruptcy filings in the past seven years, freight transportation provider Kitty Hawk Inc. has been grounded for good. A judge confirmed Kitty Hawk's Chapter 11 liquidation plan. - John Blakeley Dura emerges from bankruptcy After driving through an almost two-year bankruptcy that has seen its share of roadblocks, Dura Automotive Systems Inc. has finally found the exit ramp. The Rochester Hills, Mich., auto parts maker announced that it had closed on $244 million in exit financing and emerged from Chapter 11. - Ben Fidler Categories Deal Video
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