Mark IV Receives Court Approval of First Day Motions.

PR Newswire | May 2, 2009 | Copyright

Court Grants Interim Approval of Debtor-in-Possession Financing; Continuation of Employee Wages and Benefits without interruption

AMHERST, N.Y., May 1 /PRNewswire/ -- Mark IV, a leading diversified manufacturer of highly-engineered systems and components for the worldwide automotive OEM, automotive aftermarket, heavy duty, and transportation markets, announced today that it has received interim Court approval of its $90 million debtor-in-possession (DIP) financing, permitting it immediate access of up to $45 million to continue operations, pay employees wages and ...

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