qozito.wordpress.com
The move comes a day after the decidedr not to hear a court action from a grou of pension funds in Indiana that had temporarilyt halted the dealon Monday. The deal comese five days ahead of a deadliner imposed by Fiat to complets the merger and is expected to open the door for more governmentr loans to struggling automanufacturee Chrysler. Attorneys for the pension funds arguex that they would receive just pennies on the dollar fora $42 millio n loan given to Chrysler. U.S.
Solicitor General Elena Kagan said the imminent collapse of which already was losing upwardof $100 millionh daily, was of greater concernj to government officials than the loan When Chrysler filed for Chapter 11 bankruptcy protectio n last month, it spellexd out how it would merge with Fiat and what the new Chryslee company would entail. It also said it would reject 789 dealershipagreements nationwide, including .
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment