Appeals court approves Chrysler sale to Fiat
NEW YORK — A U.S. appeals court says it approved Chrysler’s sale to Fiat but is keeping the deal on hold until Monday to allow an appeal.
Chrysler dealers question franchise terminations
NEW YORK — A parade of Chrysler dealers slated to lose their franchises took the stand Thursday in the automaker’s bankruptcy protection case, one choking back tears, as they touted their sales and service records and questioned how they were chosen for termination.
Judge: Chrysler has good case for franchise cuts
NEW YORK — The judge overseeing Chrysler’s bankruptcy case said Thursday that the automaker has a good case for the termination of 789 of its dealer franchises as part of its ongoing restructuring.
Judge to rule on Chrysler franchise terminations
NEW YORK — A bankruptcy judge will rule Wednesday on whether Chrysler can terminate the franchise agreements of 789 of its dealers as part of its ongoing restructuring.
Judge to rule by Monday on sale of Chrysler assets
NEW YORK — A bankruptcy judge said Friday that he will rule by Monday on whether Chrysler LLC can go forward with its plan sell most of the company to a group headed by Italy’s Fiat and take a big step toward its goal of a speedy exit from Chapter 11.
Judge denies Chrysler retirees’ motion
NEW YORK — A bankruptcy judge on Thursday denied a request from a group representing Chrysler LLC’s retired white collar workers to appoint an official retiree committee to take part in the automaker’s bankruptcy proceedings.
Judge OKs deal to make GMAC top Chrysler lender
NEW YORK — A bankruptcy judge on Tuesday ruled that GMAC Financial Services can become Chrysler LLC’s preferred lender, potentially sending a slew of new business to the financing company and ensuring that Chrysler’s dealers will have access to the loans they need to stay in business.
Group drops fight against Chrysler plan
NEW YORK — The group of dissident Chrysler bond holders challenging Chrysler LLC’s government-backed restructuring plans, said Friday that it is dropping its court fight.
Chrysler lenders group releases list of members
NEW YORK — The names of a handful of Chrysler debt holders who oppose the automaker’s bankruptcy were disclosed Wednesday, but a number of others dropped their opposition, a week after President Barack Obama publicly chastised the group for not supporting his plan to help remake the company.
Judge OKs Chrysler’s steps toward sale to Fiat
NEW YORK — The judge overseeing Chrysler LLC’s Chapter 11 proceedings has ruled that the automaker can start taking steps toward selling the vast majority of its assets to Italy’s Fiat Group SpA. The judge also said lawyers for a dissident group of lenders have until noon Wednesday to file a list of members with the court, ruling that their identities do not need to be sealed despite reported death threats.
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