Fiat closes deal for bulk of Chrysler assets, clears path for Chrysler to emerge from Chap. 11DETROIT — Italy’s Fiat is the new owner of most of Chrysler’s assets, closing a deal Wednesday that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat’s CEO. Fiat closes deal for Chrysler good assets, clears path for Chrysler to emerge from Chapter 11DETROIT — Italy’s Fiat is the new owner of the bulk of Chrysler’s assets, closing a deal Wednesday that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat’s CEO. Supreme Court lets Fiat deal go forward, Chrysler’s sale to close “very shortly”NEW YORK — Chrysler was a step closer to emerging from bankruptcy protection Wednesday, a day after opponents of the automaker’s planned partnership with Italy’s Fiat exhausted their appeals in an effort to halt the Obama administration-backed sale. Supreme Court clears way for Chrysler’s sale to Fiat, rejecting appeal by groupsNEW YORK — The Supreme Court on Tuesday cleared the way for Chrysler’s partnership with Italy’s Fiat, rejecting an appeal by a trio of Indiana pension and contruction funds, consumer groups and others to block the automaker’s sale. Supreme Court to let Fiat deal go forward, Judge lets Chrysler sever ties with 789 dealersNEW YORK — The Supreme Court on Tuesday cleared the way for Chrysler’s partnership with Italy’s Fiat, rejecting an appeal by a trio of Indiana pension and contruction funds, consumer groups and others to block the automaker’s sale. Judge lets Chrysler sever ties with 789 dealers, Supreme Court lets Fiat deal go forwardNEW YORK — A bankruptcy judge on Tuesday approved Chrysler’s plan to terminate 789 of its dealer franchises, and the Supreme Court cleared the way for the automaker’s partnership with Italy’s Fiat, rejecting a plea by a trio of Indiana pension plans and others to block the sale. Judge lets Chrysler sever ties with 789 dealers and the Supreme Court lets Fiat deal go forwardNEW YORK — A bankruptcy judge on Tuesday approved Chrysler’s plan to terminate 789 of its dealer franchises, and the Supreme Court cleared the way for the automaker’s partnership with Italy’s Fiat, rejecting a plea by a trio of Indiana pension plans and others to block the sale. Judge lets Chrysler sever ties with 789 dealers, Supreme Court to let Fiat deal go forwardNEW YORK — A bankruptcy judge on Tuesday approved Chrysler’s plan to terminate 789 of its dealer franchises, and the Supreme Court cleared the way for the automaker’s partnership with Italy’s Fiat, rejecting a plea by a trio of Indiana pension plans and others to block the sale. Judge lets Chrysler sever ties with 789 dealers while Fiat deal hinges on Supreme CourtNEW YORK — A bankruptcy judge on Tuesday approved Chrysler’s plan to terminate 789 of its dealer franchises, while the automaker’s plan to partner with Italy’s Fiat hinged on action by the Supreme Court and both automakers warned that the deal could fall apart if it’s not completed soon. Judge approves Chrysler plan to eliminate 789 dealer franchises effective immediatelyNEW YORK — A bankruptcy judge says Chrysler can go ahead with its plan to terminate the franchises of 789 of its dealers. Appeals court OKs Chrysler sale to Fiat but keeps deal on hold until Monday to allow appealNEW YORK — A U.S. appeals court on Friday upheld Chrysler’s sale of most of its assets to Italy’s Fiat, but the deal will remain on hold to allow an appeal to the nation’s highest court. Appeals court conditionally approves Chrysler sale but keeps deal on hold to allow appealNEW YORK — A U.S. appeals court conditionally approved Chrysler’s sale of most of its assets to Italy’s Fiat Friday, but is keeping the deal on hold until Monday to allow an appeal to the nation’s highest court. Trio of Indiana funds to argue against Chrysler’s sale to Fiat in appeals court FridayNEW YORK — The decision on whether Chrysler can sell the bulk of its assets to a group led by Italy’s Fiat as part of its plan to emerge from bankruptcy protection is in the hands of a federal appeals court. Chrysler asks judge to approve termination of franchise agreements of 789 dealersNEW YORK — Chrysler heads back to bankruptcy court Thursday to ask the judge overseeing its case to allow it to terminate the franchise agreements of 789 of its dealers, despite the protests of many dealers who say the move could shutter their businesses for good. Chrysler sale stayed pending appeals court action; arguments to be heard FridayNEW YORK — A federal appeals court has halted Chrysler’s sale of the bulk of its assets to Italy’s Fiat pending an appeal by a trio of Indiana state pension and construction funds. Chrysler motion to terminate 789 dealer franchises pushed back by a dayNEW YORK — A hearing on Chrysler’s request to terminate the franchises of 789 of its dealers has been pushed back by a day. Chrysler to ask bankruptcy judge to terminate dealer franchises; Ind. funds get appeal hearingNEW YORK — A bankruptcy judge is getting ready to decide whether Chrysler can terminate the franchise agreements of 789 of its dealers. Bankruptcy judge to rule by Monday on Chrysler sale of most assets to Italy’s Fiat GroupNEW YORK — A bankruptcy judge says he will rule by Monday on whether Chrysler can sell most of the company to a group headed by Italy’s Fiat. US Bankruptcy judge appears close to ruling on sale of Chrysler to Italy’s FiatNEW YORK — Chrysler LLC could be hours away from a ruling on its plan to sell most of the company to a group led by Italy’s Fiat Group SpA, a big step toward its goal of a speedy exit from bankruptcy protection. Chrysler CEO sees sale to Italy’s Fiat closing Friday, but dissenters could force postponementNEW YORK — It could be decision day Friday for a judge trying to determine whether it’s in the best interests of Chrysler and its stakeholders to sell most of the company to Italy’s Fiat Group SpA. Judge turns down Chrysler retirees’ motion to form committee in bankruptcy proceedingsNEW YORK — A judge says there isn’t sufficient cause to form a committee of Chrysler’s retired white collar workers to take part in the automaker’s bankruptcy proceedings. Judge approves agreement to make GMAC preferred lender for Chrysler dealers and customersNEW YORK — A bankruptcy judge says GMAC can become Chrysler’s preferred lender. Pair of Chrysler bond holders drop opposition to proposed Chrysler Chapter 11 planNEW YORK — Two of Chrysler LLC’s dissident bond holders said Friday they have dropped their opposition to the automaker’s proposed restructuring plan, saying that the group challenging the plan in court was too small to be effective. Chrysler bond holders drop opposition to proposed Chrysler Chapter 11 planNEW 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. Group of dissident Chrysler lenders reveals identities of membersNEW YORK — The names of a handful of Chrysler debt holders who oppose the automaker’s Chapter 11 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. Pair of Chrysler bond holders drop oposition to proposed Chrysler Chapter 11 planNEW YORK — Two of Chrysler’s dissident bond holders say they’re dropping their opposition to the automaker’s proposed restructuring plan. Group of dissident Chrysler lenders reveals identities of 9 membersNEW YORK — The names of nine dissident Chrysler debt holders were disclosed Wednesday, but a number of others chose to avoid the spotlight first put on them a week ago when President Barack Obama publicly chastised them for not supporting his plan for the automaker. Judge approves procedures for Chrysler sale of assets to Fiat, deal could close by end of JuneNEW YORK — The judge overseeing Chrysler’s Chapter 11 proceedings says the automaker can start taking steps toward selling the vast majority of its assets to Italy’s Fiat. Group of dissident Chrysler lenders files motion to block sale of automaker’s assets to FiatNEW YORK — A dissident group of Chrysler lenders is objecting to the sale of the bulk of the automaker’s assets to Italian automaker Fiat, saying that the proposed sale process is designed to prevent competitive bidding. |
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