From Detroit Free Press
ROCHESTER HILLS, MI -- Dura Automotive Systems Inc. has asked a judge to approve a $125,000 payment to a departing executive to prevent him from working for a competitor and divulging confidential company information.
In documents filed with the U.S. Bankruptcy Court in Wilmington, DE, Rochester Hills, MI-based Dura outlined a separation agreement it reached with John Knappenberger, its departing vice president of information technology and administration.