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Tag Archives: Fiat

Appeals court says Chrysler was a ‘melting ice cube’

Chrysler was a “melting ice cube” with no alternative to a sale to Italy’s Fiat, a U.S. appeals court said in explaining why it allowed the deal to proceed. The sale was legal under the U.S. bankruptcy code, a three-judge ...

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Chrysler creditors seek some time to investigate directors

Chrysler LLC shouldn’t provide a legal shield for directors and other parties until at least July 20, when an investigation into potential claims related to Daimler AG will be complete, unsecured creditors said. A committee of unsecured creditors said in ...

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Chrysler says pension funds can’t win appeal

The Indiana pension funds challenging the sale of Chrysler LLC’s assets to a group led by Fiat SpA can’t win, and the deal is better than liquidating the company, Chrysler lawyers said in appeals court documents filed Thursday. A panel ...

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Chrysler asks leave to cancel 789 dealer agreements

Chrysler LLC asked court permission to cancel 789 car dealership agreements, many in the suburbs of major U.S. cities, a step it called critical to its future. The company wants to break contracts with about a quarter of its estimated ...

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