Tuesday, August 31st Visteon Corporation won confirmation of its Chapter 11 reorganization plan. Visteon first entered bankruptcy in March of 2009 and although there was speculation that Visteon would hand their pension plans over to the PBGC, they were able to structure a reorganization plan that would eliminate the need to do so. Although the details are not yet final, Visteon expects to exit bankruptcy by the end of September.