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View Full Version : BREAKING: Supreme Court clears the way for Chrysler-Fiat deal


DFW Auto Club
06-09-2009, 07:21 PM
Filed under: Government/Legal (http://www.autoblog.com/category/government-legal/), Chrysler, LLC. (http://www.autoblog.com/category/chrysler/), FIAT (http://www.autoblog.com/category/fiat/)

http://www.blogcdn.com/www.autoblog.com/media/2009/06/chry_supct_indi.jpg (http://www.bloomberg.com/apps/news?pid=20601087&sid=aYPU_uhbGzA8)

With the temporary stay issued yesterday (http://www.autoblog.com/2009/06/08/breaking-supreme-court-stays-sales-of-chrysler-to-fiat/) lifted, the Supreme Court will allow the government-backed sale of Chrysler to Fiat. The high court rejected the request from Indiana pension funds and consumer advocates to delay the deal (http://www.autoblog.com/2009/06/08/chryslers-novel-bankruptcy-taken-to-the-supreme-court-by-unha/), clearing the way for the sale and setting a precedent for General Motors in its own bankruptcy proceedings.

[Source: Bloomberg (http://www.bloomberg.com/apps/news?pid=20601087&sid=aYPU_uhbGzA8)]BREAKING: Supreme Court clears the way for Chrysler-Fiat deal (http://www.autoblog.com/2009/06/09/breaking-supreme-court-clears-the-way-for-chrysler-fiat-deal/) originally appeared on Autoblog (http://www.autoblog.com) on Tue, 09 Jun 2009 19:40:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).



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