(EMAILWIRE.COM, November 09, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 31 of CHRYSLERBANKRUPTCY NEWS today. The 67-page newsletter contains stories with these headlines:[00883] CEO SERGIO MARCHIONNE SAYS..
Earlier we read about how Washington State lost out on tons of jobs building the new Boeing 787 because of Big Union activities… here’s two other ways the UAW is doing its best to “help” our economy: Ford’s plan to bring its labor costs in line with those at General Motors and Chrysler may be veering [...] Related posts: Why The ‘G’ in GM Stands for...
Indiana State Treasurer Richard Mourdock explains how the Obama Administration helped Chrysler manipulate the bankruptcy process to deny creditors such as the State of Indiana the rights that they are entitled to under the Bankruptcy Code: H/T: Cato@Liberty Similar Posts:Chrysler Makes It Offical Chrysler To Taxpayers: Sorry, Suckers ! The Case Against A Big Three...
October 31, 2009 http://detnews.com/article/20091031/AUTO01/910310355 Chrysler offers buyouts to 23,000 ALISA PRIDDLE The Detroit News Chrysler Group LLC is again offering factory workers buyouts or early retirement as the automaker continues to restructure to cut costs. Chrysler confirmed Friday that the offers went out this week to 23,000 workers. Terms vary by plant but largely...
(EMAILWIRE.COM, October 27, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors\' Service, Inc., published Issue No. 30 of CHRYSLERBANKRUPTCY NEWS today. The 41-page newsletter contains stories with these headlines: [00847] CHRYSLER GROUP LLC NAMED CORPORATION OF THE YEAR [00848] DEBTORS\' MOTION...
The legal and financial firms that guided Chrysler Group LLC through bankruptcy will receive almost $24 million in professional fees for their work over four months, according to court documents.
The lead bankruptcy law firm and the main financial adviser that was involved with Chrysler’s bankruptcy process will receive a total of $23.7 million from the estate of Old Carco LLC for their four months of hard work. $19.2 million of the total will go to Jones day, the law firm that worked through Chrysler’s entire [...]
As part of Chrysler’s bankruptcy restructuring plans, Chrysler planned to shutter seven US plants. Now the UAW is fighting to save several plants from closure – with one success already reported. Chrysler is set to release their five year plan details on November 4th, but they have already begun work by shuttering two of the [...]
Chrysler's lead bankruptcy law firm and its main financial adviser will receive $23.7 million from the estate of Old Carco LLC for four months' work, U.S. Bankruptcy Judge Arthur Gonzalez ordered today.
This is an absolute disgrace. A must-see video about the federal takeover of GM and Chrysler. The Real Story Behind the ChryslerBankruptcy - Cato @ Liberty: "If you worry about the abuse of... [[ This is a content summary only. Visit http://amateureconblog.blogspot.com/ for full links, other content, and more! ]]
Chrysler has asked a federal bankruptcy court to approve a sale of its shuttered Newark, Delaware, plant to the University of Delaware for $24.25 million. A hearing in bankruptcy court in Manhattan before Judge Arthur Gonzalez is scheduled for Nov.
If you worry about the abuse of executive power and declining respect among elected officials for the rule of law, you should watch this eloquent illumination of what really went down in the Chryslerbankruptcy earlier this year. The speaker is Richard Mourdock, Treasurer of the state of Indiana. The setting is a Cato Institute [...]