Tuesday, May 05, 2009

Chrysler Non-TARP Lenders Say Auction Plan Is Unfair

Chrysler LLC’s plan to auction most of its assets to an entity managed by Fiat SpA is unfair because it prevents creditors from using their claims to make a non-cash bid, a group of secured lenders told a bankruptcy judge.

read more | digg story

No comments:

3-27-2024

  Donald Trump is now selling $60 'God Bless the USA' Bibles ahead of Easter. Judge sends strong message about Elon Musk's attac...