Chrysler Deal With Fiat Hits Legal Road Bump; Outcome of Appeal by Lenders Could Also Affect GM's Plans

"[...] given the importance of this particular case and the importance of having it done for the economy as a whole, and all of the time pressures, I'm not surprised at all they agreed" to hear the case. Since the bankruptcy filing, Chrysler's lawyers have argued that time was of...

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Bibliographic Details
Published inThe Washington post
Main Author Tomoeh Murakami Tse
Format Newspaper Article
LanguageEnglish
Published Washington, D.C WP Company LLC d/b/a The Washington Post 04.06.2009
Subjects
Acquisitions & mergers
Bankruptcy
Federal court decisions
Legislation
NEW YORK, June 3
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Summary:"[...] given the importance of this particular case and the importance of having it done for the economy as a whole, and all of the time pressures, I'm not surprised at all they agreed" to hear the case. Since the bankruptcy filing, Chrysler's lawyers have argued that time was of the essence because the carmaker's value fell the longer it stayed in court proceedings.\n
ISSN:0190-8286