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Delphi sued its investors for US$2.55 billion in securities to aid Delphi as it sought to come out of bankruptcy in May 2008. U.S. Bankruptcy Judge Robert Drain in New York allowed Delphi to seek payments through a contract against Appaloosa Management LP as well as denying an investors' request for a cap of $250 million for damages. [ 14 ]
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In July 2015 Delphi Automotive made an offer to buy the company for $1.7 billion. [20] The acquisition was completed on 18 December 2015 [4] and HellermannTyton became constituent part of Aptiv's Engineered Components Group division. [21]
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