New Delaware Chapter 11 Filing- GST Autoleather, Inc.
GST Autoleather, Inc., a manufacturer of leather interior products for automobiles based in Southfield, Michigan, along with five of its subsidiaries and affiliates, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 17-12100). The petition reports $100 million to $500 million in both assets and liabilities. According to reporting from Debtwire, GST was shopping itself for sale prior to the filing. No First Day Declaration or Motion to Appoint a Claims and Noticing Agent have been filed. The cases have not yet been assigned to a Judge.
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