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Supplier Cooper-Standard seen as Chapter 11 risk


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Start LLC for $0 at IncFile


Start LLC for $0 at IncFile


Start LLC for $0 at IncFile

Cooper-Standard Automotive Inc. was flagged today by Standard and Poor's as yet another Tier 1 auto supplier facing a potential Chapter 11 filing.

 

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I'd guess that the majority of suppliers are now at risk. We could see quite a wave of filings in the next few months as the full impact of the GM and Chrysler filings comes to light.

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